Crypto Trader: 2019 ‘Could Be’ The Last Time The Public Can Afford One Bitcoin (BTC)

Value Of Bitcoin (BTC) Could Eventually Be “Out Of Reach” 

As 2018’s bear market has continued into 2019, crypto traders have done their best to stay optimistic. Most recently, Josh Rager, a well-followed crypto investor that is an advisor at TokenBacon and Blackwave, took to Twitter to claim that 2019 could be the “last time general population can afford to buy an entire Bitcoin (BTC).”

He added that after 2021, most would only be able to fractions of BTC, rather than a whole coin. He explained that while global household incomes could increase across the board (inflation, better economic conditions, etc.), thus making BTC affordable again, more likely than not, the cryptocurrency will be “out of reach for most.”

To back his semi-prediction, Rager posted a popular chart that shows Bitcoin bottomed in the coming months, before embarking on a paradigm-shifting rally into and past 2020’s block reward reduction event, deemed by some to be the most bullish event in…

Read Full Story : Ethereum World News

2019-02-12 23:00:47

Nick Chong

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