Trading volume
Bitcoin = $5 billion
Forex market = $5 trillion
There is currently one thousand times more volume on the forex market than in bitcoin.
Bitcoin can easily have a trading volume of at least $100 billion (50 times less than the forex market). That would put the market cap up at $2.3 trillion which would equate to $130,000 bitcoin.
Just saying.
If you think $20k is the highest bitcoin can go wait until ETFs list and the forex market jump in, you aint seen nothing yet.
Submitted July 09, 2018 at 03:13PM by slvbtc https://ift.tt/2J6LAZm
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