Could Bitcoin Reach $100,000 in 2020? This Indicator Says Aye

Date : 05/25/2019 @ 7:00PM
Source : NEWSBTC
Stock : Bitcoin (BTCUSD)
Quote : 8252.70000000  19.91000000 (0.24%) @ 2:23PM
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Could Bitcoin Reach $100,000 in 2020? This Indicator Says Aye

Bitcoin is about to get a lot more expensive than it is today, according to Dr. Julian Hosp. The author of ‘Cryptocurrencies Simply Explained‘¬†evaluated bitcoin’s future performance based on a textbook indicator that measures abundance in commodity markets. Titled Stock-to-Flow Ratio, the index measures the amount of an asset held in inventories (stock) with its...

The post Could Bitcoin Reach $100,000 in 2020? This Indicator Says Aye appeared first on NewsBTC.

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