Home Bitcoin News A $100,000 Bitcoin Price In 2021 Is In Play

A $100,000 Bitcoin Price In 2021 Is In Play

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The beneath is from the most recent month-to-month report by the Deep Dive, Bitcoin Journal‘s premium markets e-newsletter. To be among the many first to obtain these insights and different on-chain bitcoin market evaluation straight to your inbox, subscribe now.

$100,000 earlier than years finish? It’s not as loopy as it could sound, and right here is why:

The reflexivity of a bitcoin bull market is actually one thing to behold. Following a “bubble prime,” value attracts down and consolidates for months/years, all of the whereas extra people come to know the financial attributes of bitcoin, firms proceed constructing companies on prime of the protocol, extra hash price comes on-line to safe the community, and the Lindy impact continues to take maintain.

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