The crypto exchange recently announced plans to deposit a physical wallet containing a single bitcoin on the surface of the moon. Say what!? The wallet will be in the form of a commemorative coin. To do this, BitMEX has helped to fund space robotics company Astrobotic’s efforts to put its Peregrine commercial lander on the moon. Mind-blowing isn’t it?

The next big milestone for Bitcoin is a regulator decision expected in the coming days, regarding a fully-fledged bitcoin ETF, which Michael Saylor, chief executive of business intelligence software company MicroStrategy, said could see trillions pumped into the cryptocurrency.

According to Luno’s UK manager, Sam Kopelman, said: “The growing optimism in Bitcoin could be down to the upcoming deadline for the SEC response to VanEck’s spot-based Bitcoin ETF on 14 November, with traders trying to front-run any good news.”

Banking giant JPMorgan has doubled down on its prediction that Bitcoin could reach $146,000 in the long term, with a short-term price target of $73,000 for 2022.

JPMorgan analyst Nikolaos Panigirtzoglou said: “Digital assets are on a multi-year structural ascent, but the current entry point looks unattractive in our opinion for an investment horizon of 12 months as Bitcoin appears to have returned to overbought territory.”

He added that for Bitcoin to reach the $146,000 prediction it would need to become a lot less volatile.

Could this be another dump right before Bitcoin to the moon?

The weekend has just passed, looking forward to seeing you NEXT Monday! price prediction isn’t it too much of the good news?

Let me know what you are thinking.