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Home Bitcoin

1000+% Gains like Stocks is a Potential Surge for Bitcoin to Reach $100k –Josh Rager

by Solomon Odunayo
December 24, 2019
in Bitcoin, Cryptocurrency, Finance
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Founder at Ikigai Fund: Bitcoin is a Non-Sovereign Digital Store of Value
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The popular cryptocurrency analyst and trader, Josh Rager, has on averred that Bitcoin could make 1000+% gains like the highest performing stocks in less than a decade, saying the move is capable of aiding Bitcoin to attain $100,000.

The highest-performing stocks in the last decade were published for public consumption some hours ago. An update that was excitedly applauded by Elon Musk, the famous founder of Tesla and SpaceX, at the hour it was made public.

Whoa … the stock is so high lol

— Elon Musk (@elonmusk) December 23, 2019

The percentage increases of the 14 highest performing stocks over the last decade were listed. This list has Netflix as the highest performer with +4,177% price increase, followed by Amazon, Mastercard, Apple, Visa, with +1,787%, +1,126%, +1,126%, +966% price increase respectively.

Google, the search engine giant is ranked 13th on the list, with +335% price increase in the last 10 years. While McDonald’s occupies 14th position with +325% increase.

Comparably, Bitcoin, the first and largest cryptocurrency has also made a significant increase over the last decade, which has so far aided the digital currency to be priced above $7,000 at press time.

Meanwhile, Bitcoin was acknowledged as the best performing asset in the last 10 years by the Bank of America (BoA) Securities, and published by the major news outlet CNN a couple of days ago.

Josh Rager Says Bitcoin is Liable to Replicate Stock Substantial Gains

Jon Erlichman, the anchor of The Open at BNN Bloomberg, had earlier shared the percentage increase of the top performers in the stock market over the past 10 years as aforementioned.

It was the set of commodities in this list, coupled with their substantial percentage increases that seemingly thrilled Josh Rager, the famous crypto analyst, and trader, to aver that Bitcoin could record a better performance in less than a decade.

He said Bitcoin’s price could surge by 1000+% at no distant years. He concluded that this huge increase could aid the price uptrend of BTC to hit $75,000 and $100,000 price range.

Josh said, “As amazing as these stock returns are, there is a potential opportunity to have similar gains with Bitcoin even at its current price: $7000’s. Potential 1000+% returns, not only over the coming decade, in the next few years if we see $BTC hit between $75k to $100k+. One can hope.”

As amazing as these stock returns are, there is a potential opportunity to have similar gains with Bitcoin even at its current price: $7000's

Potential 1000+% returns, not only over the coming decade, in the next few years if we see $BTC hit between $75k to $100k+

One can hope https://t.co/2kTXsXYfTD

— Josh Rager 📈 (@Josh_Rager) December 24, 2019

Bitcoin Price in the Market

Bitcoin has somewhat settled around $7,500 price level. Over the past 24 hours, BTC has not recorded significant price uptrend or downtrend. When Bitcoin experienced its recent price uptrend, it’s envisaged that the digital currency was reacting to the euphoric atmosphere of Christmas.

At the time of filing this report, BTC is trading at $7,120 with 3.05% price downtrend on 24 hours basis. Now that Bitcoin changes hands within a price range, what would be the price trend of BTC when Christmas ends in a few hours’ time?

Tags: BitcoinBTCElon MuskJosh Rager
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Highlights

Elon Musk Loaded Up In Dogecoin before Pumping Bitcoin – Peter Schiff

Crypto Investor Explains Why Cardano will Soon Topple Ethereum

Cardano’s IOHK Rebrands, Enters Final Stages of a Large Government Contract

Analyst Explains why Bitcoin Price Could Crash to $6,400

Online Search for “Dogecoin” Surpasses “Bitcoin” in United States

PayPal Q4 Earnings Report Shows Users More Active after Buying Cryptocurrencies


NewsLogical Inc. is a U.S.-centric firm established in 2019 with the aim of providing resourceful and up-to-date cryptocurrency and blockchain information.

Email: info@newslogical.com

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Contents on NewsLogical.com are only for informational purposes and should not be construed as financial or investment advice.

Trading cryptocurrency is considered a high-risk activity that requires technical knowhow because digital currencies are generally volatile.

Contact financial experts for guidance before making any cryptocurrency investment decision.

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