This news report started a great deal of dialog on the activity of Fed and it’s potential outcomes, the crypto specialists return with a bullish Bitcoin gauge, Experts accept that Fed’s activity could result in Bitcoin value flood.
The Federal Reserve has diminished the financing costs on credits surpassing the 10 percent, after a repo salvage activity been started by FED. On which the CEO of Bitmex and crypto exchanging master Arthur Hayes remarked that this move made by Fed could drive Bitcoin’s cost to 2017 unsurpassed high of $20,000.
News Source: TheCoinRepublic
https://www.thecoinrepublic.com/bitcoin-to-surge-above-20000-says-bitmex-ceo-amid-feds-53-billion-rescue-operation/Well if that happen its good for the Bitcoin holders and the entire cryptocurrency industry as well, But remember this is just a plain speculation, maybe it will happen like 2017 or maybe not. but one thing is for sure the crypto-currency market was full of surprises and it will surprise us all beyond our expectation.