A Bitcoin trader, financial analyst, and co-founder and CIO of the Altana Digital Currency Fund (ADCF), Alistair Milne is the main reason why Bitcoin can never be valueless upon his buying of a huge amount of 18.52 million BTC. Surely, one man buying that much bitcoin cannot save the entire bitcoin crypto but, at the same time, this makes said currency safe from going ZERO even if it takes a huge hit!
Why does one man carrying out this order make such a huge impact? As every crypto-geeks out there knows, bitcoin just surged past the $10,000 mark these past months, and this is most heavily influenced by this guy. He has been a bitcoin miner since 2012 and he is not letting all of those haters or critics of bitcoin besmirch the market he adores and propagate.
The recent Bitcoin price increases might not last, some market watchers have said, with the options market suggesting just a 7 percent likelihood of Bitcoin returning to its all-time peak of around $20,000 before the end of 2020. However, the June edition of the Crypto Research Report (CRR) reveals price predictions for several cryptocurrencies, headlining bitcoin with $20,000 near the end of this year. They provided “evidence that growth in speculative transactions on exchanges is faster than the growth in using cryptocurrencies to buy goods and services.” So, no one can say what really the future holds for the cryptomarket. Different views have always been there since the creation of mankind because no one has an exactly similar mindset with another. But, one thing is for sure, BITCOIN ain't going near ZERO!
