Bitcoin billionaire is expecting BTC to rise to over USD 20,000 in 2020
In the Bitcoin network and anyone has BTC to a value of 417 million US dollars for a fee of only 1.44 USD transferred
In the Bitcoin network, there are always time Transfers of large sums of money. The Community always looks very carefully on such movements. An address recorded just such a huge Transfer. The Interesting thing was the unexpectedly small fee, which was 0,00016080 BTC, or on the Basis of the current exchange rate at 1.44 USD.
As impressive as it fails, this fee, it is the bottom line, but rather the high level of Transfer to a single BTC address, which could be in the Community of the crypto fans for attention.
The On-Chain-Whale-Alert-platform Bitcoin Block Bot got a note on the said Waladresse – the transaction with a total volume of 47.835 BTC was one of the largest in the network.
Based on the current Bitcoin market price, the value of the individual transaction at the time of writing in Block no. 630,082 the equivalent of 417 million US dollars was.
In the Overview of the richest Bitcoin addresses in BitInfoCharts the address can be found in the Top100. At the time of writing, actually in 16th place in the network of the Bitcoin. These leading 100 addresses, bring it together to a whopping 14.71% of the current BTC portfolio. These are around 2.703.343 BTC with a total value of 24.095.018.484 USD.
The activity log of the address is, overall, one of the most active and in the past, for several very large Transfers are responsible.
The address could, theoretically, be a crypto-whale, however, it is likely the property of a crypto-stock exchange or Fund Manager or an institutional Investor. In the past 24 hours, the network of the Bitcoins had an average of 309.000 transactions – the majority of the volume went to the account of exchanges.
The BTC price was after the Halving for sure more than 8,600 USD. Overall, the Halving largely led for a positive mood – even though a previous downward trend had to the exchange rate of a shock at 8,500 USD, and later 8.200 USD missed. The current-to-day business shows that the bulls want to drive the price to 9,000 USD. The SMA 100 shows as a simple moving average with a view to hours charts.
Wall Street-billionaire and Galaxy Digital founder Mike Novogratz could it be the Bitcoin is not able to go directly to the Halving on a course rally.
On the other hand, Novogratz is confident that the crypto-currency until the end of the year 2020 will rise in the direction of its all-time highs at $ 20,000. The convinced “crypto-COP” and the billions of serious stock market traders and is convinced that the economic failures and the money-printing measures by the governments could be the Bitcoin useful.
“We will leave $ 10,000 behind us, and at the end of the year, an increase of $ 20,000 to reach. In this regard, I am very confident.“
