Bitcoin price in 2023 is considered to be stable in an uptrend. This event, PlanB, the original Bitcoin price forecaster, is back again. With a new price target of $32,000, can this price be achieved by Bitcoin?
* The old PlanB has arrived. Confident in another 2 years, Bitcoin will go through $ 100,000!
Who follows the bitcoin price? Probably familiar with the name PlanB because he is a Bitcoin price analyst. inventor of the price prediction model Stock-to-Flow With more than 1,800,000 followers on Twitter, this year he has returned to sign the price of Bitcoin.
By PlanB, he admitted that He made a mistake in predicting the price of Bitcoin at the end of last year. The price has fallen below $ 16,000, but for this reason PlanB believes that it will cause the price of Bitcoin to rebound even higher. The Bitcoin price is currently setting a new target of $32,000 during next year’s halving and will reach $100,000 in 2025, with a chance to hit $1 million by the end of 2025. What do you think? Predicting it too much?
*Ranking crypto-ready cities number one london Bangkok top 10
Recently, UK-based Crypto Wealth Management firm Recap released an analysis showing the city is ready for the growth of start-ups and the crypto industry. It was assessed from 8 main factors, including the quality of life score in each city, the number of activities related to Cryptocurrency, Crypto People, Crypto Services Companies, Research and Development (R&D) Investment vs. GDP, Number of Crypto ATMs, Tax Calculation, and Ratio Crypto holdings by country
You will find that “London” is the number one city on the podium. who are ready Dubai and New York are also ranked in the top three, and Hong Kong, which ranked No. 1 last year, has dropped to 7th place.
For Thailand, we “Bangkok” are also ranked in the top 10, which is good news. crypto industry will grow up too
*Examples of good money must be Bitcoin only!!
Many people already know Bitcoin. with outstanding features suitable for use as money Or an intermediary to exchange a lot, but what causes Bitcoin? Consider it an example of good money. It’s on the property. of Bitcoin itself
Bitcoin has 5 key features: 1) Decentralization. Bitcoin is based on blockchain technology. Which is decentralized to store data to different nodes (Node) can not be controlled by anyone or any organization. one organization Unlike the fiat currency that we use today. that the government prints banknotes which if too much It may cause inflation.
2) Bitcoin has limited supply as it is predetermined to have only 21 million coins. Can’t add more than this
3) Easy to carry, easy to transfer because bitcoins can be used through the internet. Users can conduct transactions via the internet. When you bring a lot of money with you or spend a lot of money, you don’t need to carry a lot of money in your pocket. Same as cash or gold as well.
4) Subdivision Bitcoins can be divided into units by decimal places. This is the same as a penny. When using it, we don’t need to use the full unit. can be divided into sub-units Plus it has a lot of value.
And lastly, 5) Security: A person who can transact with Bitcoin must have a Private Key in English letters mixed with a very long number that cannot be duplicated. Imagine having a house with only one key in the world. If we don’t open the door No one can come in Just don’t lose your keys. And these features that make Bitcoin Occupy the position of the coin in the crypto market all along
And all of this is Crypto SHOT. News of the crypto industry. that anyone wants to know
*https://youtu.be/lTt9yjTtQNU