Cryptocurrency Short News

BTC price to Reach 100 Trillion USD, says Analyst Jason A. Williams


Bitcoin Halving is a nearing as per Analyst estimation. As 18th million bitcoin was mined last week, scarcity of Bitcoin increases. And scarcity enhances value. Analyst Jason A. Williams, a colleague of Anthony Pomp, believes that the next Bitcoin Halving will occur in May 2020. It will further increase Bitcoin value to $55,000 i.e. 100 trillion USD. 

Jason tweeted about Bitcoin Halving late Sunday. As per him, Bitcoin Halving which takes place every 4 years, will skyrocket the BTC price at the next occurrence. Even John McAfee predicted that BTC price will reach $1 mln by 31 December 2020.

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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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