BTC can give a potential return of 2,392% by 2022, at $78,500 a coin

Crypto analyst and trader, Josh Rager, took to Twitter to answer the question why he trades the world's most popular cryptocurrency. Let's take a look at his answer.
BTC can give a potential return of 2,392% by 2022, at $78,500 a coin
While the crypto analyst was asked why he trades Bitcoin, BTC has seen a slight increase again in the last 24 hours.
After falling from the heights that Bitcoin saw on Monday, BTC is showing a slight gain of 1.58% on the day. For the past 24 hours, BTC traded at a low of just over $9030, and is now trading just above the $9,300 price mark.
The world's number one crypto coin apparently looks to be testing the important $9400-$9500 resistance again any time now.
/USD ASIA 🔥📈 looking quite bullish after its defense of 9k over the last 48 hours was successful.

Now approaching former resistances

CMF: Plenty of buying pressure
RSI: Just below overbought

R: 9.3k, 9.5k 10k.
View image on Twitter
/USD Update I ⏰ looks ready to send it 🚀

Target $9,845 then $10,760 out on the 6-hr chart.

A firm close below $9,166 invalidates the bullish view.
View image on Twitter
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When trader Josh Rager was asked by his Twitter followers why he trades in Bitcoin, his answer was short and straightforward.
'Because in the past 10 years there hasn't been any other market that comes close', he tweeted.
Rager further points out the 'return on investment' for each of the Bitcoin cycles as a good reason why he trades in BTC.
The crypto analyst suggests that BTC might see a potential return of around 2,392%, which would put BTC's price at a more than decent price point of $78,500 per Bitcoin by the year 2022.
People ask me why I trade Bitcoin

Because in the past 10 years there hasn't been any other market that comes close

ROI each Bitcoin Cycle
2011: Return of 318,864%
2014: Return of 58,474%
2017: Return of 11,960%

2022: Potential Return of 2,392% = $78,500.00 Potential High
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Do you think it is possible for Bitcoin to reach $78,500 per coin by 2022? Let us know in the poll below.
BTC can give a potential return of 2,392% by 2022, at $78,500 a coin BTC can give a potential return of 2,392% by 2022, at $78,500 a coin Reviewed by Chaudhry on June 20, 2019 Rating: 5