David – Crypto Speculator
Controversial Ben Armstrong, a.k.a. "BitBoy," a popular cryptocurrency blogger on YouTube, has made a number of forecasts regarding the Bitcoin price over the next three years. He predicts that the king cryptocurrency will reach new record highs at this time before the next bear market.
Armstrong tweeted that Bitcoin is currently trading around the $16,800 level, which is where he anticipated it to be. He predicts that BTC will start moving again toward the $30,000 by the end of the following year. According to his tweet, the likelihood of reaching new all-time highs is high for the end of 2024.
The subsequent Bitcoin halving will happen this year. Armstrong emphasised in a tweet earlier today that he thinks BTC will increase following upon upcoming halving when miners start to produce half as much BTC from each block. Naturally, none of this is guaranteed, but that is his opinion.
Every four years, Bitcoin mining rewards are divided in half; the most recent occurred in early May 2020, when the virus raced across the world. Two new all-time highs, however, were not attained in that year but rather in 2021. The Federal Reserve was said to have played a significant role in it by starting its printing machine and pumping more than $6 trillion in "survival checks" into the economy in 2020 alone.
BitBoy stated his "knee jerk reaction," which was that Bitcoin will cost $120,000 per coin once it reaches a new record high.
If you think now is the right time for Bitcoin investment, take a look at BCBitcoin - one of the top Bitcoin brokers. Here you trade Bitcoin and buy Altcoins directly through the website.
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards