We’ve seen the worst when it comes to the bear market of Bitcoin and we can all breathe a heavy sigh of relief and be optimistic that it is set to hit its next bull run, experts are confident that its price will elevate to all time highs for several years to come.
Bitcoin peaked in December 2017 to a record price of $20,000 USD, largely due to its popularity received from millennials, investors aged 21-38. In Australia alone it is estimated that a total of 1.1 million citizens invested in crypto currency, and as more and more people become aware of the positives of crypto mining we can only expect this number to drastically rise.
In its latest downturn we have seen the price of BTC drop to $3,400 USD (6th February 2019), this may seem like a drastic loss however, most people are only jumping up and down about it because it’s the first time it has been focused on in the mainstream media.
What you may not be aware of is that this trend of the bear/bull run has been seen before. In June 2013 BTC saw a market bottom price of $70 USD, coincidentally in the same year it also had a major peak taking the price surging over $1,200 USD, that over a 1,700 per cent increase.
BTC is boiling up, and we can expect to see it blow very soon, in a positive way. Now is the time capitlise on the downturn and accumulate your BTC in order to profit exponentially for when the bull run hits. Mining through NGSCrpyto is proven to be the safest and most profitable avenue, accumulating your coins through POW (proof of work) whilst having your capital protected. The potential in mining crypto is undeniable. It is proving to be one of the only vehicles that will protect your wealth but will also allow you to accumulate massive amounts of new wealth.
Crypto currencies have gained that much mainstream attention on a global scale with increased numbers of consumers and holders it has been predicted that the bull run will push the price of BTC well above $20,000 USD. You will be kicking yourself if you miss out.