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RE: Bitcoin To Make A Run Back Up To 10K, Soon. By Gregory Mannarino

in #money7 years ago

I agree that Bitcoin will hit 10,000 in the near future. Lightning Network alone means btc will come back into favour with many merchants due to lower fees and faster processing time.
According to Tom Lee, former chief equities analyst for JP Morgan, big money is going to come into the crypto markets this year pushing its price up to $25,000 by years end.
More and more cryptos are being adopted for real world uses which will propel the overall market higher this year. Many scoff at Verge's partnership with PornHub but the adult entertainment industry has been at the forefront of internet innovation and is still one of the most popular uses of the Internet.
Some of the Trump tax cut money may find its way into crypto this year which would also be another driver of price.