Future price of Bitcoin is not easy to predict. When i was analyzing the chart, I came up with an entry point that might not be available in the next year i.e. only available in this year. Bitcoin has very high price, that price can only be justified only if there is increase in activity of bitcoin usage. Until now, it does not look like the case. The bitcoin is only living up on its provision of censorship resistant dimension. At least, i am happy that institutions are taking it as crypto asset and offering future contract. Each cycle brought a big changes to block-chain community and bitcoin. 2013-2014 cycle introduced alt coin, 2017-2018 introduced tokens and ICO.  Let’s see what changes the next cycle brings to the community?

Categories: Mining