Venezuela become a Bitcoin paradise?
VENEZUELA BECOMES A BITCOIN PARADISE / BITCOIN AT 95,000 USD?
The economic crisis facing the South American country has forced thousands of Venezuelans to resort to Cryptocurrencies and Bitcoin (BTC) has been the most attractive, the famous crypto currency has become the second most popular value refuge after US dollar.
The value of the digital currency currently exceeds USD 10,000 and could exceed USD 95,000 by 2021 if the next Halving event generates the same pattern as the previous 2. In the first Halving made in 2012, the currency went from USD 5.27 to USD 900, for the second in 2016 the asset went from USD 900 to USD 1,400 and then months later in 2017 it went from USD 1,500 to USD 20,000 in a few weeks, for this reason if the next event of 2020 follows the same pattern the currency could reach 95,000 or perhaps 100,000 USD.