Is the price of Bitcoin about to take off?

Recent forecasts on the price of Bitcoin by cryptanalyst Plan B suggest a bullish move for the cryptocurrency.

Recently some striking predictions regarding the price of Bitcoin have been released via Twitter. Specifically, these forecasts come from crypto analyst Plan B, who has expressed that Bitcoin could reach $ 190,000. Is this possible? Is the price of Bitcoin about to take off?

Bitcoin could hit $ 190,000

The main cryptocurrency in the market, Bitcoin would be close to reaching USD 190,000, as Plan B has predicted, who announced this prediction through Twitter.

It is always a matter of debate whether or not Bitcoin can be considered a store of value. There are those who assure that Bitcoin should be taken under this concept since it is the digital gold of the 21st century. So placing a capital in this cryptocurrency would bring with it a growth of the same since the price of Bitcoin would remain and even increase.

Cryptanalyst PlanB recently released a key indicator for its stock to flow price prediction model, which could signal that a bullish rise in Bitcoin to $ 100,000 by 2021 has just begun. According to these predictions, everything seems to indicate that the price of Bitcoin is about to take off.

Bitcoin enthusiast Brock Pierce is running for president of the United States

Brock Pierce, businessman, venture capitalist in Bitcoin and crypto, has announced his candidacy for the presidency of the United States via Twitter. His tweet said: “I, Brock Pierce, present my candidacy for the presidency of the United States of America.”

Pierce’s campaign site claims he is a pioneer of digital currency and has raised over $ 5 billion for the companies he has founded.

Pierce is the President of the Bitcoin Foundation and co-founder of the EOS Alliance, Block.one, Blockchain Capital, Tether, and Mastercoin (first ICO). Its poorly detailed website does not say whether it is seeking a nomination from a political party or is running as an independent.

Courts in China implement Blockchain for electronic property sealing

Several courts in China have implemented blockchain technology to create a way to protect property through electronic sealing. The Executive Council of the People’s Court in Haidian District, Beijing reportedly developed a blockchain-based electronic seal to monitor property in the Chaoyang District.

In a few lines …

The first decentralized media outlet based on Blockchain technology Post2020 will offer a conference through Zoom this July 9. They will explain how journalists can be part of this Spanish-speaking Blockchain newspaper.

South Korea considers Blockchain-managed free trade zone. This area aims to present a new model of specialized regional industries through the implementation of high-tech industrial agriculture and bio-industry solutions.

Last minute

In Córdoba, Argentina, a digital currency is being analyzed, a token that they intend to put into circulation through employment plans so that beneficiaries pay with QR in stores.

According to the publication, the beneficiaries of the employment programs will receive 50% in tokens and 50% in pesos. Likewise, with these virtual funds they will be able to check the balance on their cell phones, pay in places with QR codes and access special discounts.

The proposal consists of tokenizing employment programs and emerged from the blockchain innovation laboratory that operates at the Center for Entrepreneurship and Innovation at the Catholic University of Córdoba.

Reference: criptotendencia.com

Disclaimer: This press release is for informational purposes information does not constitute investment advice or an offer to invest. The views expressed in this article are those of the author and do not necessarily represent the views of infocoin, and should not be attributed to, Infocoin.

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