Bitcoins Recent Spike Suggests Soaring Prices Will Return

In the last week bitcoin has been jumping between $10,000 and $12,000, which has built enormous excitement for buyers. After having difficulty below the 10k marker for some time, bitcoin has finally answered back and has not disappointed. According to an article on Forbes.com, the CEO of Binance, stated that the number of users participating in bitcoin futures trading has skyrocketed.

I found that bitcoin futures trading was initiated in 2017, making this form of trading rather new. Something I find amazing is the popularity that has already surrounded futures trading has now been merged with bitcoin. In fact, as bitcoin becomes more and more popular, the combination of its technology into the traditional systems we know today will cause the overall price of bitcoin to rise.

If you search for the price predictions of bitcoin on the web, you will find that some go as high as $500,000 by 2030. Although this number seems unachievable, who is to say that it is not possible. In fact, most of the enormous price predictions of bitcoin are done by wealthy, intelligent investors who also believe in bitcoins potential.

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