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- Crypto analyst, Bitcoin Macro in his recent tweet mentioned Bitcoin will reach a price of $300K if its market capitalization reaches equivalent to that of Gold’s present market capitalization.
- The Crypto twitter is now talking about Bitcoin’s Gold Rush.
Lesser-known Bitcoin enthusiasts named Bitcoin Macro on his twitter handle shared a prediction that has caught the attention of many. crypto Analyst gave a bold statement stating Bitcoin will reach a price of $300K if its market capitalization reaches equivalent to that of Gold’s present market capitalization.
https://twitter.com/BTC_Macro/status/1223328263625273345
The visible changes are occurring on the accumulation of Bitcoin’s market cap on a daily basis. The analyst made another statement that if BTC manages to climb in the terms of market value equivalent to the traditional strong currencies such as USD and EUR, it will reach the market value of $2 Million.
BitcoinMacro’s Optimistic Prediction
He also mentioned that it is also important that buying Bitcoin now would be a great time to do so amidst his optimistic prediction that BTC is going to reach new heights and set new benchmarks. He urged the cryptocurrency community to continue to hold their Bitcoin and wait for it to reach the $300K mark and he further added that this is only the start.
This tweet got a warm welcome with optimistic responses as well, some stating to invest and hold in other cryptocurrencies as well. Amidst the volatility of the coins and unstable behavior, the predictions cannot be based as entirely true.
Davos created massive Bitcoin awareness with wealthiest people on the planet. Brexit. Coronavirus. The Fed continues to print $50 billion per day QE. Hash rate at the highest recorded levels ever! The halving is approx 100 days away..
The stars are aligning 🚀 #BuyBitcoin— Unstoppable₿TC (@unstoppablebtc) February 1, 2020
Bitcoin’s average bulls are still in the green line of about 0.03% with a slight decrease in its pace from two days prior. The market cap acquirement stands at $171,044,205,643 USD and 18,193,300 BTC.
Bitcoin Market Overview
The 24-hour volume of Bitcoin is at $29,757,690,908 USD and 3,165,209 BTC. The coin has a daily circulating supply of 18,193,300 BTC. The much-awaited halving is around the corner with less than 100 days on the clock. The present ROI is at 6,848.43%. However, from yesterday’s trade, it has lost about -1.66% losing around $-157.78 USD.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.
