Bitcoin have jump to $27000, can this be maintain by 2021?
Who knows? the price stays that level until now ,falling slightly to $26,000 Level but climbing up again for a while.
Of course Many wanted this to happen ,But also those who had sold their coins Early December are Seeking for a chance to re enter again in Lower value as they sell.
But better to be open in all possibilities ,That Bitcoin may stay strong ?or Bitcoin may Crash again ,like what happen early this year and late 2017-2018.
though 1 thing is certain ,bitcoin will always make ATH ,may take time but surely will happen.
While the year is still too young bitcoin is showing that it is still going strong and at this point there is no reason to believe otherwise, we must follow the tendencies that show in the market especially those that are as strong as this one.
It will be interesting to know if at some point governments are going to take a look at bitcoin and try to do something about it, as the main reason bitcoin is going up is because institutional investors are using bitcoin as a store of value to protect themselves from the policies of the government, and that is a problem for them as they cannot use the inflation tax to reduce their wealth anymore.