Bitcoin to $318,000 by December

A recent report from Citibank noted that Bitcoin could be worth as much as $318,000 by December.

I personally believe $100,000 per Bitcoin is inevitable by the end of 2021.

And while $318,000 is towards the upper end of my short-term price targets, it’s certainly attainable.

A lot of people have been asking me why Bitcoin has been going up lately.

The answer is surprisingly simple: It’s a function of supply and demand.

You see, the market is beginning to feel another “supply shock” as the number of new Bitcoin mined per day cut in half for the third time on May 11, 2020.

These are known as “halvings” and the last two times this happened, massive bull markets ensued over the following 12-24 months (hence the start of the bull market now and the $318,000 prediction by December 2021).

Halvings, combined with Bitcoin’s finite supply of 21 million units, are what makes Bitcoin deflationary relative to inflationary government money being printed at free will in an unlimited fashion…

But while most people are talking about Bitcoin, they’re missing out on potentially larger gains from “altcoins.”

Altcoins are “alternative coins / cryptocurrencies” to Bitcoin that typically rise when the price of Bitcoin rises.

While Bitcoin is up 89% year-to-date, the largest altcoin in the world, Ethereum, is up 388% – just as one example.

And there are certainly other altcoins with higher returns than Ethereum.

NEXT: [BUY ALERT] Details on Four Cryptos With 10X Potential

Sponsored

I’ll keep this brief…

My new business partner and I have just found four cryptos that are poised for a major breakout.

We’re predicting these four cryptos will blow past the coveted 1,000% over the next 12 to 24 months.

And it’s all thanks to a massive technology upgrade called “The Awakening.”

Virtually every major corporation and government agency is investing billions to prepare for this Awakening.

I’m talking about Apple, Microsoft, Google, Amazon, Facebook, and the departments of Defense and Homeland Security, to name a few.

We’ve located four small cryptos that we predict will be the biggest winners from this technology upgrade.

And if you take a small stake right now, you may never have to worry about money again.

If you want to learn more about the Awakening and details on the four cryptos that could absolutely soar because of it…

Then watch this video.

$2 EV Stock No One's Talking About

This company is a sneaky EV play that no one’s talking about. They’re producing an odd variation on the traditional EV that has consumers raving.

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$30 Stock Freaking Out Billionaires

This stock is an industry leader in a robotics technology that is freaking out billionaires (trading for just $30).

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The Best TaaS Stock Right Now

This company is set to corner the market in a self-driving technology that  could fundamentally change our entire society – much like the internet did.

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Up to 20,000 IPOs All in One Day

A radical $2.1 quadrillion shift is coming to the financial markets.

Some are calling it G.T.E. and Mark Cuban, Elon Musk, Richard Branson, and even banks like J.P. Morgan are invested in the tech behind it.

Just $25 could get you in alongside these billionaires. 

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53-cent Biotech Stock with $2 Price Target

Steve Cohen, the billionaire stock picker known for running one of the most successful hedge funds ever, has poured millions into the first stock, and it’s trading for only 53 cents.

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