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HusMah12
Jan 9, 2021 5:44 PM

WHY BTC WILL REACH 50K VERY VERY SOON!  Short

Bitcoin / United States DollarCoinbase

Description

As you can see at the daily chart the number of bitcoins where at 2.9m in March and they are less than 2.4m in January. The price on the other hand is just rising up, and so will it be the coming weeks. That means its a high demand and low supply!!!!

The amount of #Bitcoin held in exchanges' wallets is still making new lows.
With exchange balance outflows increasing, institutions buying quicker than BTC’s daily supply rate, plus a limited supply of 21m with 78% illiquid...
We could see a 50k BTC sooner than anticipated




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BTC HAD SOME FALLDOWNS, NOW ITS ON IT'S WAY TO RECOVER. LET'S GOOO!
Comments
HusMah12
Remember! There is no resistance at 50k. It's just a psychological resistance and we are going to destroy it.
SKY IS THE LIMIT! LET'SGOO
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