#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".