Can you tell what reason?
You should know Bitcoin is known to everyone in the world, only a few remote villages do not know Bitcoin.
Media around the world already know about Bitcoin. There are a thousand
"reasons" out there that the
"reason" Bitcoin went up.
Quote below, just for you, so that you are smarter in assessing Bitcoin in the future, even if you don't believe it.
Bitcoin Sets New All-Time High Above $28.5K; Bulls Back in the Driver’s Seat💥 BTC topped the previous high-water mark of $28,352.63 set less than 72 hours earlier, before dropping back to $27,772.99, up 4.14% in the last 24 hours. The price of BTC (BTC, -0.38%) has risen more than 295% year to date.
💥 Institutional investors are perceived to be driving this record-setting run. Among them: Anthony Scaramucci’s Skybridge Capital ($25 million in December); MassMutual ($100 million in December); and Guggenheim (up to 10% of its $5 billion macro fund).
💥 With the end of the year looming, some fund managers may also be buying BTC so they can brag next year about being smart enough to get in in 2020 while neglecting to say at which price they had done so.
💥 In addition, the U.S. Federal Reserve, along with other central banks, has been printing money with abandon, trying to stave off the worst economic effects of the pandemic as U.S. President Donald Trump has been pushing Congress to pass an even bigger relief package to allow for larger stimulus checks. These actions are viewed by many as potential catalysts for inflation and bad for the U.S. dollar, both of which could be positive for BTC.
And here's another one for you to read.Why the PUMP? Reasons for why Bitcoin prices always move in short bursts and how can we benefit from it?I hope you will not be surprised when the future price of Bitcoin reaches the level of $1000 million.