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Max Keiser is known for predicting some accurate things. Now he has predicted that Bitcoin is heading towards $10000. In accordance with him there are always a variety of factors contributing to this surge. As an example, in Asia, traders are bullish about South Korea's decision to regulate Bitcoin as a commodity. This is a superb indicating according in their mind towards legalization.
Various Bitcoin industry news sources declare that your decision by South Korea will enable the marketplace to keep to grow at a wholesome pace. There is also speculation that China will ease restrictions on BTC exchanges now that President Xi Jinping has secured his position as head of the Communist Party of China for the foreseeable future.
Needless to news reports coming from several other elements of the world in the Bitcoin industry news section also declare that in the US too things are getting well. The Securities and Exchange Commission (SEC) will soon grant their approval to the first exchange-traded fund (ETF) that tracks the price of Bitcoin.
Bitcoin Industry News from Across the World for Traders and Investors
In accordance with various portals since the updated Bitcoin industry news Bitcoin ETFs, along with the recent launch of LedgerX's regulated derivatives platform, are anticipated to initiate a wave of Wall Street investment in the crypto economy bitcoin analysis. Thus, there's exciting world on the market that will probably have great effect on the exchange rate of the cryptocurrency.
Additionally, longtime Bitcoin bull Max Keiser predicts that the Bitcoin price will reach $10,000 within the near future. In accordance with him 30,000 new Bitcoin wallets a day and ETF coming soon, this all makes things rosy for Bitcoin. However, Bitcoin must pass at least one significant test before it could cross the five-figure threshold i.e. the looming SegWit2x hard fork.
Bullish Investors Must Keep Investing at the Current Levels
Keiser's bullishness holds true to create as there are reasons to trust him. As an example, earlier this season, Keiser celebrated Bitcoin's then-record amount of $3,000 by declaring that $5,000 was in sight. Needless to say many scoffed as of this prediction, which came at the same time each time a blockchain split appeared like an increasing possibility.
Portals like NewsBTC provide comprehensive coverage to the latest and updated BTC industry news. The reporters and analysts at the corporation are claiming that the latest tweet from Keiser will probably be true like the last other predictions on Bitcoin.
