Bitcoin is ready for a magical wave
bitcoin·@lays·
0.000 HBDBitcoin is ready for a magical wave
<html> <h1> Bitcoin Price and Future predictions And Mining facts</h1> <p><img src="https://steemitimages.com/DQmXQL9hF8E7kdbSaLJfedoDfNn54Hu2NZ3rXesgGCVBJvU/29684212_1916805998632553_1069640807257270006_n.jpg" width="1203" height="462"/></p> <p>Bitcoin is a virtual currency which is produced through mining,The price of Bitcoin is depended on basics of supply and demand. How ever we know 85% of Bitcoin has been Mined already.</p> <p>if you talk about profit ability we can see block mining profit is reduced already compare to past.Mining Bitcoin may b a loss for many miners.But some companies are using solor energy or other alt market coins to mine then convert into Bitcoin.</p> <p><strong>Current Mining Situation</strong></p> <p>In the stats you can see calculation of profit through mining</p> <p><img src="https://steemitimages.com/DQmUhNoGSv6i6dqWnFAYmsHdrGChiBTjAmGQMtkwdJL5dbz/29684212_1916805998632553_1069640807257270006_n.jpg" width="801" height="430"/></p> <h2>The Result is in Loss</h2> <p><img src="https://steemitimages.com/DQmWn3s9rd6tdWq1pxFWtkpwA9sSfaWJJsLn9z6UCzFYL9U/29571380_1857755884288064_4488452436672120886_n.jpg" width="1158" height="353"/></p> <p>According to these stats mining of Bitcoin is About to End.So halving may appear in 2020 and History told us many time,when ever bitcoin has been forked or Profitability halved.Bitcoin almost doubled to its price during these events.</p> <p>On going situation is good sign for Bitcoin Future.But not a every thing we can say long lasting,we should also care about fundamental situations.Right now alt market is getting stronger and stronger and many investors coming back to market for searching of profit.Bitcoin moved up from 6500$ test level to 8300$ 1 Month high.</p> <h1>What Next ?</h1> <p>The future of Bitcoin is Bright. we can expect a bullish trend is about to begin.Btc has broken sell wall and now it may move toward 10,000 Resistance Level. and after that upwards movement of last year 2017 we can test to next ATH in upcoming december 2018 .. Investors are carving for bitcoin again to invest in Alt market and we can see Bitcoin dominance is decreasing daily.So this shows that this is the season of Alt market. But when people want to double their money they need to buy Bitcoin first to convert into Alt market and Buying and Selling of Alt Market will increase demand of Bitcoin and as i told Supply is already so much reduced.</p> <p>So i can see if Bitcoin get some correction it may drop to 7600$ max down and can go up to 9300$ with in next week.</p> <p>But if you ask me do you wanna buy bitcoin ?</p> <p>I will say No at the moment because i am already holding massive bitcoin and Will buy bitcoin again when i confirm the real breakout So next week is important for the decision of price.If new breakout appear it can boost the price to at least 10 to 20k in 2018.</p> </html>
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