Bitcoinist
2020-05-07 07:31:16

QE, Debt, Halving: A Perfect Storm For Bitcoin to Hit $20k in 2020 is Brewing, Says Trader

Bitcoin could hit or break above its record level in 2020, says a top BitMEX trader. The pseudonymous analyst expects quantitative easing, exploding U.S. debts, and Halving to increase investors’ appetite for Bitcoin. The statement surfaced as U.S. national debt topped over $25 trillion, and the Treasury announced that it would borrow another $3 trillion to keep the economy afloat. Bitcoin traders have so far looked past the economic damage caused by the fast-spreading Coronavirus […]

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