Repost: Bitcoin To Hit $10,000 Within One Year. By Gregory Mannarino

  • 7 years ago
Bitcoin's price in USD will continue to rise. Mr. Mannarino's golden rule on judging whether an asset market is in a bubble: Two conditions must be in place simultaneously. One, the asset must be widely held. Two, the asset price must be too expensive for the average income earner to buy. In that bubble test, bitcoin is no way in a bubble. Instead of being widely held, bitcoin is owned by less than 1 percent of the people in the United States or around the world still. That alone fails the bubble test.

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