bitcoin 2cash

Bitcoin Equilibrium Price to Top $168,000!

Posted by

Following the approval of the first Bitcoin (BTC) futures exchange-traded fund (ETF) in the US, FSInsight, a markets strategy, and research firm, expects demand for ProShares’ BTC Strategy ETF with inflows forecasted to reach more than $50 billion in the first year.”

According to the estimates made by FSinsights, BTC’s daily demand will increase by $50 million due to ETF inflows. “If the block reward is $10 million per day the ‘equilibrium price to clear this, based on analysis by our data science team = $168,000′”, the report says.

This milestone in the cryptocurrency allows more investment and generally a big expansion of the market. When this new exchange-traded fund (ETF) started trading on the New York Stock Exchange, it hit around $64,000. As of press time, BTC is trading close to $61,000, with a number of analysts who are still bullish about its increasing price.

About 2cash

2cash is a FinTech development firm that provides unlimited trading and transactions through the AC20, plus pays rewards to all AC20 members when they invite others. In addition to the AC20, members can also enjoy ProTrade, Crypto-Commerce, BillPay, and other features available in the 2cash wallet.

For more information, visit and create a free account using the promo code of the person who invited you. If you found 2cash online, chat with us or email us and we will provide you a promo code.