Hallo traders in the chart above, I would like to present to you my perspective on the last days of February. We seem to be experiencing a real cryptocurrency boom. will we reach 100k in the first quarter of this year? Certainly, Bulls are raising the rate, but we have to reckon with the fact that the rapid increases may not be favorable to Bitcoin, it seems that it could be better to postpone the climb in time, somewhere until June.
The faster the rate of adoption by institutions, the faster there will be convergence in volatility.
Central banks around the world ease their monetary policy - lowering interest rates and buying assets under the so-called quantitative easing program - to help ease the blow to economies from COVID.
Square (NYSE: SQ) bought bitcoins last year and Elon Musk bought bitcoins for about $ 1.5 billion.
"Everyone, from individuals to financial institutions to corporations, has been wondering how best to protect their purchasing power. Ultimately, they opted for Bitcoin."
Personally, it seems to me that this bull race will also be different from all the previous ones.
What do you think ??
Best regards and good luck
The faster the rate of adoption by institutions, the faster there will be convergence in volatility.
Central banks around the world ease their monetary policy - lowering interest rates and buying assets under the so-called quantitative easing program - to help ease the blow to economies from COVID.
Square (NYSE: SQ) bought bitcoins last year and Elon Musk bought bitcoins for about $ 1.5 billion.
"Everyone, from individuals to financial institutions to corporations, has been wondering how best to protect their purchasing power. Ultimately, they opted for Bitcoin."
Personally, it seems to me that this bull race will also be different from all the previous ones.
What do you think ??
Best regards and good luck
