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Potential Factors That Will Likely Drive Bitcoin Price to $10,000 Interim Target

“Over the past three days, the Bitcoin price has increased from $4,330 to $4,893, leading analysts to establish an interim target of $10,000” writes Joseph Is A for The Bitcoin price is en route to achieving a new all-time high, as it nears the $5,000 region.Earlier this month, the Japanese government introduced a nationwide licensing program for Bitcoin and cryptocurrency exchanges.Bitpoint, the Bitcoin exchange of Remixpoint, was one of the 11 cryptocurrency exchanges which were authorized by the Japanese government last month.Already, the Japanese and South Korean governments have imposed practical regulatory frameworks for businesses and investors, providing an efficient ecosystem for cryptocurrency exchanges and startups.

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