{"id":427787,"date":"2020-06-18T17:30:30","date_gmt":"2020-06-18T17:30:30","guid":{"rendered":"https:\/\/ktsl888.com\/?p=427787"},"modified":"2020-06-18T16:23:12","modified_gmt":"2020-06-18T16:23:12","slug":"bitcoin-poll-best-performing-asset-2020","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-poll-best-performing-asset-2020\/","title":{"rendered":"Bitcoin Leads Poll With Public Predicting \u2018Best Performing Asset in 2020\u2019"},"content":{"rendered":"

Bitcoin has been the best performing asset in finance history<\/a>, rising over a million percent from its early days to current prices. It may come as no surprise then that the first-ever cryptocurrency is currently leading a public poll where respondents believe it’ll also be the “best performing asset of 2020.”<\/p>\n

Is 2020 The Year The First Ever Cryptocurrency Recovers From The 2017 Bubble Burst?<\/h2>\n

The general public mostly learned about Bitcoin<\/a> late, just as the asset broke over $10,000 in Q4 2017 and weeks later set a record at $20,000 for the highest price ever achieved. To much of the world, Bitcoin has performed negatively in their eyes.<\/p>\n

But since the asset was first created, it has risen from $0.0008 per BTC to currently trading at just under $9,500. This astronomical rise is unmatched by any other asset and took place over the course of just a decade.<\/p>\n

Another decade of price action could see the asset reaching lofty price predictions made by experts, that reach as high as $100,000 to $1 million per BTC<\/a>.<\/p>\n

Related Reading | Chartered Market Technician Claims Crypto Poised For Strong Uptrend<\/a><\/strong><\/em><\/p>\n

The asset’s growth could come due to combination of a number of things. Its hard-coded digital scarcity acting as a hedge against inflation. The fact it makes a great contactless payment method could boost adoption in what appears to be the new post-pandemic norm. It could even replace the dollar as the global reserve currency<\/p>\n

The asset acting as a digital store of value while riots and robberies take place is yet another standout benefit that could help boost interest in the asset in the future.<\/p>\n

After nearly three full years of a downtrend, and with the asset’s halving now behind us, it may simply be time for a new uptrend and market cycle to begin<\/a>.<\/p>\n

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The best performing asset in 2020 will be…<\/p>\n

— TradingView (@tradingview) June 18, 2020<\/a><\/p><\/blockquote>\n