#BTCvsMarkets

Why Bitcoin can climb over $100 k again ❓

Here are the points...

1️⃣

🚨 Getting to 100k was met with much disbelief by the community at the beginning. But Bitcoin crossed the 100k milestone and got even farther at 110k❗

✅ Investors now hold the belief that since it has happened before it can happen again, setting an even higher price goal. 125k ❓

2️⃣

🚨 📊Recent US economic data suggests a potential decline, with indicators like rising unemployment

📉Recent economic troubles (e.g., trade wars, monetary inflation) drive people to seek alternative investment options to secure their assets, and Bitcoin has proved itself as a profitable investment during such times.

✅ Bad news for the economy can actually be good news for Bitcoin❗

3️⃣

🚨 Current US president Trump has shown to be crypto friendly as he promised to launch a strategic national crypto stockpile intending to make US a bitcoin superpower and "the crypto capital of the world".

✅ Everyone witnessed the bull run Trump's words have sparked✴️

🚨 One of Trump's goals is to increase US exports and decrease imports. Inflation is favourable for Trump as US products become cheaper for international trade thus more appealing for other countries, therefore boosting exports.

✅ From our experience we have seen Bitcoin price increase when inflation goes up.

✴️ All these are suggesting that bitcoin have the potential to perform exceptionally.