ELHABARSAAD

Will Bitcoin Hit Record Highs in 2021?

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi All,

Bitcoin now cannot be judged, but there are reasons that he gave an opportunity to buy it and will not return as its price was for several reasons

On top of the support from traditional payments systems, institutional investors are bound to increase Bitcoin’s price

For example, JPMorgan analysts have predicted that around $600 billion is set to enter the asset’s market. This is based partly on the $100 million investment into Bitcoin by the Massmutual insurance group.

A leaked Citibank report, for instance, claims that Bitcoin is “21st Century Gold.” This document notes that Bitcoin’s consistent rallies and corrections aren’t a bad thing. If anything, these changes are proof that the asset has a long-term foundation.

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