WHY A $1 MILLION BITCOIN PRICE ISN’T CRAZY AND COULD BE IN OUR FUTURE SOONER THAN YOU THINK

💰 BlockFi: (Up To $250 Bitcoin Bonus) https://blockfi.com/cryptonewsalerts A $1 million Bitcoin price could be in our future a lot sooner than you think. The reality is that BTC is already in heavy use today as a store of value, and this underlying utility of Bitcoin could potentially take its price to $1 million per coin. The size of the global bond market was recently estimated at $119 trillion. Remember, not all coins are for sale, meaning the total value of the Bitcoin market would be far greater than $20.9 trillion if all of this money were to move into the crypto asset. Some estimates put the effect of new buy orders on Bitcoin's market cap at 25x the value of the purchases, so from this perspective, $1 million looks quite conservative. In other trending Bitcoin News today: Bitcoin (BTC) has recorded its biggest mining difficulty drop of nearly 28% on July 3, but one model suggests that the BTC price will not bottom until October. In a series of tweets on July 2, investment manager Timothy Peterson flagged the relationship between Bitcoin price and hash rate as arguable evidence that the dip is not over. 🔥 Daily Letter: http://letter.cryptonewsalerts.net 🔥 Blog / Podcast: http://cryptonewsyes.com 🔥 YouTube: http://cryptonewsalerts.net 🔥 Spotify: http://spotify.cryptonewsalerts.net 🔥 iTunes: http://itunes.cryptonewsalerts.net 🔥 Twitter: https://twitter.com/cryptonewsyes 🔥 Facebook: http://fb.cryptonewsalerts.net 🔥 Telegram: http://telegram.cryptonewsalerts.net 🔥 TikTok: http://tiktok.cryptonewsalerts.net Show Notes / News Resources: ✔ Bitcoin Mining Difficulty Falls By 28%: https://bit.ly/3hA8GuI ✔ BTC & ETH Supply on Exchanges Dropping: https://bit.ly/3jFsHTi ✔ Major Stablecoin Shakeup Underway: https://bit.ly/3wgNIGL ✔ Why $1M Bitcoin Price Isn't Crazy: https://bit.ly/3jGZBmK 🔴 DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make.​​​​​​​​ Always do your own research and never invest what you cannot afford to lose. #Bitcoin​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ #BTC​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ #BitcoinNews​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ #cryptocurrency​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​#crypto #hodl #invest #altcoins #defi #ethereum ​​​​​​​​​​​​​​​​​​​​​​​​​​#eth​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ #prediction​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ #2021 #mmcrypto​​​​​​​​​​​​​​​ #bitboy​​​​​​​​​​​​​​​ #altcoindaily​​​​​​​​​​​​​​​ #cryptosrus​​​​​​​​​​​​​​​ #forex​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ #investing

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