Bitcoin (BTC) Targets: Holds Strong ~8650 / EOS & Block.One HUGE ANNOUNCEMENT Tomorrow

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Bitcoin Technical Analysis:
https://www.tradingview.com/symbols/BTCUSD/

https://www.tradingview.com/chart/BTCUSD/kNWAtK5T-A-new-longer-rising-wedge-emerges-on-btcusd/

After months of anticipation and speculation, tomorrow will reveal all! We have been waiting for this apparent “biggest announcement ever” – scheduled for June 1, 2019 – since around March this year, but the community still has no idea what the announcement will be related to.

However, this has not stopped people speculating as to what the announcement may be. Perhaps one of the most exciting guesses revolves around some form of government regulation or partnership, after Dan Larimer, CEO of Block.One, posted the following message on the EOS group chat: “Trumps advisors know about Block.One. Everyone in DC wants to talk with us.”

Jehan Chu, an influencer in the crypto world and the co-founder of Kenetic Capital has told Bloomberg news that Bitcoin is set to see a 244% price rise. This would see Bitcoin at around $30,000.00. Chu believes that this will be down to a huge wave of new investors looking to invest in new technologies, technologies that are of course reinforced by Bitcoin’s blockchain technology. According to The Daily HODL, Chu has said:

“What people are really seeing now is that cryptocurrency is not going away. And you don’t have to take my word for it. It’s Facebook, it’s Jamie Dimon, it’s Rakuten, it’s Fidelity – all who are getting in the space either in building infrastructure or providing services. So that’s first. It’s going to drive mindshare and drive adoption.”

Furthermore:

“Second, I think what we’re seeing is a counter-cyclical argument. With the recent disappointments of Uber and Lift IPO-ing in the market, people are looking for a different type of tech story, and one that’s perhaps accessible to all. And finally, the Bitcoin halving is coming. And traditionally that’s pushed the price in double-digit percentages. So a combination of these three factors, I think, will really see us getting from where we are now to $30,000.”

Comment below and let me know your thoughts!

Also beware of desperate publications reusing old stories for added FOMO and clicks… Learn to trust certain publications and always double check your information across multiple sources.

Thanks for watching…No, seriously….Thanks for watching!

*This is NOT Financial advice, the content found on this channel is solely my opinion so please make sure you do your own research and invest with a professional.*
#bitcoin #cryptocurrency #finance

Bitcoin (BTC) Targets: Holds Strong ~8650 / EOS & Block.One HUGE ANNOUNCEMENT Tomorrow

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Kane Dane