Bitcoin Price Aims for ‘Parabolic’ Bull Market, Sets Long-Term Target at $72,000

From 2015 to 2017, the bitcoin price surged from around $ 150 to $ 20,000 in a parabolic movement, demonstrating a staggering gain of 13,233 percent within a two-year period. Big question re: analog year comparison is whether 10a rally will lead to 10b retest similar to 2013-2015 $ BTC pic.twitter.com/BCRKSqBxsP — Peter Brandt (@PeterLBrandt) April 6, 2019 In the next several years, according to the analysis published by respected trader Peter Brandt, the bitcoin price could potentially recover quickly from the current level at $ 5,000 to over $ 50,000 if it continues to show strong momentum. Why Big Predictions For Bitcoin is Emerging

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India’s Supreme Court Sets 4-Week Deadline for Government to Regulate Cryptocurrency

Time is running out for the Indian government and the Reserve Bank of India to ignore/wholesale ban cryptocurrency, according to a local publication called Inc42. Last April, as CCN reported, the RBI banned all financial institutions from working with cryptos. India has gone back and forth over the issue, but the Supreme Court seems to be losing patience. Indians have petitioned the Supreme Court more than once to order a rescinding of the Reserve Bank’s order, to no avail. However, the court is hearing two other petitions demanding the court take action. Court Gives a Deadline of Four Weeks The

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$1 Million: IBM Crypto Chief Sets Massive Bitcoin Price Target

IBM VP of Blockchain and Digital Currencies Jesse Lund is bullish on Bitcoin – so bullish, in fact, that he set a long-term $ 1 million price target. Bitcoin Price Has Million-Dollar Potential Lund revealed his long-term Bitcoin price target at the recent Think Conference, in an interview with Fred Schebesta. The IBM executive pointed out that the higher the price of a crypto asset, the more utility it has. Therefore, he thinks people should focus less on the moving prices of crypto assets and more on their utility. “If the price of Bitcoin were higher, there would be more liquidity on

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