If you currently have Bitcoin, get ready to sit back, relax, and watch your Bitcoin value soar. If you do not hold any Bitcoin, you might want to consider buying some before the value increases.
A report that was published very recently by Bloomberg market analyst Mike Mcglone, indicates that Bitcoin is going to attain a new high in 2020. You may have heard that Bitcoin has been dubbed ‘digital gold’ and believe me, this is no coincidence. Bitcoin’s soar is expected to be directly correlated to the price of gold. You may be asking, why is this? what does gold have to do with bitcoin?
Aside from seeming different at first glance, both gold and bitcoin actually share some pretty indistinguishable similarities. Firstly, they can both be mined. Maybe not in the same sense, but mined nonetheless. They can both be transferred and divided. Some experts firmly believe that bitcoin is well on its way to becoming a virtual currency for gold.
In fact, both bitcoin and gold have even held similar highs and lows with regards to their respective value in 2019. Regardless of what you may or may not believe, the bottom line is, buy bitcoin.
Good Luck 🙂
