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Bitcoin exchange rate will rise "soon" to US $ 16,000

Changpeng Zhao, CEO of the big crypto exchange Binance, wrote on November 1 in a Tweet that a price of 16,000 US dollars per bitcoin would be "very soon" reality. Zhao explains that price forecasts are easy, but it is difficult to determine the right timing.

He softly:

"Lol, price forecasts are easy. It's just hard to find the right timing. We were soon to see $ 1

6k. 1.4 billion people are working on it right now. "

The message was an answer to Tweet to another user, who admitted that he was an anonymous 4chab user who Bitcoin prices by the end of October at $ 16,000 were forecast to be false. It is forecast that BTC will reach US $ 29,000 in the first quarter of next year, US $ 56,000 in the third quarter of 2020, and US $ 87,000 in the fourth quarter of 2020.

At present, other forecasts are less modest. John McAfee, for example, recently doubled its forecast of 1 million. US Dollar for Bitcoin by 2020 and argued that the next price push of Bitcoin would be triggered by this scarcity.

As Cointelegraph reported, the Bitcoin network in the past month reported its 18 million BTC, meant that only 3 Millions of BTC are still not in circulation.

Binance DEX is the highest volume DEX

under soft Zhao yesterday that the Binance Chain is showing the largest volume under the DEX platforms. It is soft:

"Prepare the volume-sized DEX of the world. There will be a time for acceptance. "

The latest data from Binance discloses that Binance Chain, the blockchain that drives this DEX platform, has reached over 26 million transactions, which have been transmitted from approximately 290,000 addresses.

As Cointelegraph reported, the competing DEX Dolomite announced that it would be closing a margin-trading with Stop Loss on November 8.

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