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In the last few days, Bitcoin (BTC) was priced over $26,000, considerably up on the year, especially compared to the big March drop that saw it reach just north of $5,000. Bitcoin continues to break pricing records and is now well out of its “hype and fad” phase as individuals and big investors continue to see and embrace its short and long-term value. After the pandemic fades, there’s several reasons for optimism about Bitcoin’s continued price gains and overall momentum through 2021 and beyond.
Institutional and Payment Company Interest
According to Scott Morgan, blockchain consultant, entrepreneur, and the Founder & CEO of Crypto Integrity Tao, “Investment firms offering BTC investment in portfolios is rising when other categories are falling in popularity.” His company is a leading blockchain and educational membership resource for businesses across tech, gaming, and entertainment. In addition to institutional interest in Bitcoin, Morgan also notes Economic pol
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Bitcoin breaks records, what happens next, Coinbase IPO: Hodler’s Digest, Dec. 13–19
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more one week on Cointelegraph in one link!
Years of price falls and drama followed. Nonetheless, believers remained confident that one day,
one day,
And on Dec. 16, 2020, that day finally came. In quick succession, BTC smashed through
$20,000,
$23,800. This stumbling block was eviscerated over the weekend when BTC headed above
$24,000.
In an extraordinary run, Bitcoin’s price has surged by more than
On-chain analyst Willy Woo has proclaimed that $55,000 is the next landmark for Bitcoin to reach asserting that $100,000 is a “ridiculously low” target. Meanwhile, Quantum Economics founder Mati Greenspan believes “things are just getting started.”
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