Bitcoin is Trending in 2020
By Luke Flowers – Crypto Investor
It is suggested by the trend lines that Bitcoin will not lose its place in the cryptocurrency market with reduced market share during 2020. In fact, Bitcoin could even achieve a higher potential through 2020. This year might be a breakthrough year for cryptocurrency, especially Bitcoin. The last five years have shown steady growth and at the start of 2020 Bitcoin has already achieved its highest value of $8,446. However, Bitcoin is currently 10% down from its yearly high.
The predictions of analysts are much higher for 2020 due to the halving event. However, nothing is set in stone and the price of Bitcoin could still drop as detailed on CCN. Therefore, this year could see two major possibilities: a bullish or bearish trend. The former trend setters will try to increase the price to maximise their Bitcoin investment, whereas the latter will make efforts to pull the market down.
Even after such analysis, it is not easy to make any appropriate prediction about the future price of Bitcoin. It is highly advised to follow the cryptocurrency markets and news when Bitcoin investing. When you constantly follow the market news, expert overviews, and other statistics; trends will become clearer and more noticeable. This in turn will assist in making a judgement on the Bitcoin market and perhaps provide a clearer idea of when to buy and sell Bitcoin online.
At BC Bitcoin we offer a trusted service on our website for buying and selling Bitcoin as well as other cryptocurrencies. We can exchange crypto to fiat or hold your cryptocurrency for you to sell later as we are the most trusted Bitcoin broker in the UK.
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards