Founder of Weiss Ratings, Dr Martin Weiss believes Bitcoin and associated crypto assets are set to boom post halving.
Historically, he says, the Bitcoin halving has “unleashed a historic bull market in cryptocurrencies, creating massive wealth for investors.”
In a recent report, Dr Weiss states:
“A rare event will soon trigger a massive cryptocurrency superboom, sending Bitcoin and other select coins to new, all-time highs. Because this trigger event is built right into the code. No government, no organization, and no group of individuals, no matter how rich or powerful can prevent this trigger from being pulled. And every time this event has occurred in the past, it has always unleashed a historic bull market in cryptocurrencies, creating massive wealth for investors.”
Dr Weiss postulates that crypto assets will boom post halving
When asked if the term “massive wealth” was an overstatement, Weiss said the following:
“It’s actually an understatement. If you bought bitcoin during the last trigger event, you could have multiplied your money more than 30-fold … turning every $10,000 invested into more than $300,000″.
Bitcoin is currently valued at $7.712, Ethereum at $195 and XRP is $0.21 per coin.