Kinetic Co-Founder Predicts Bitcoin to Trade at $30K

Jehan Chu predicts bitcoin will continue its bullish direction along with the rest of the crypto market in 2019 and reach $30,000 by the end of 2019. He gave 3 main factors: mass adoption by global giants (Facebook, JPMorgan, & Rakuten); crypto industry becoming a better tech story; and Bitcoin halving, a process of dividing the number of generated rewards per block in order to maintain the total supply of bitcoin.

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