RATE Group | Bitcoin mooning to $5 million in just 5 years
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Bitcoin mooning to $5 million in just 5 years

Bitcoin mooning to $5 million in just 5 years

  • Bitcoin price could rise to $5 million in the next five years according to predictions by Macro investor Pal Raoul.
  • The cryptocurrency market is back in the green led by Bitcoin price surge above $7,500.

The cryptocurrency market is back in the bullish face following a brief downtrend at the beginning of the week. Although 2020 has been a trying month for both the digital assets market and the traditional markets, assets such as Bitcoin and Ethereum have proved that they have the potential to correct higher.

Bitcoin price update

The granddaddy of cryptocurrency market broke several barriers on Thursday after re-entering the bullish zone above $7,200. The recovery came after a slide to $6,750 support on Monday at the time when the crude oil price shattered into the negative. The stock markets in the United States also tanked, in turn, affecting Bitcoin due to the newly established correlation.

Investors have been worrisome ever since Bitcoin price actions…

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