Post
Topic
Board Bitcoin Discussion
Re: What's reason for pumping btc price?
by
taufik123
on 19/01/2021, 16:29:07 UTC
I know bitcoin when it price 300$. But i don't buy Bitcoin cause i can't believe it. Today btc price highly increase but why? Can you tell what reason?
When you don't believe in Bitcoin when the price was $ 300, maybe it's understandable, because Bitcoin was still not widely known at that time. But right now the price tag of $ 300 to $ 40,000 USD is something extraordinary. I still doubt at this point if you still don't believe in Bitcoin.

There are many reasons why the price of bitcoin continues and rises and continues to pump. Several large companies and institutions are starting to get into bitcoin and invest in it. They are aware that Bitcoin is a digital asset for the future cryptocurrency that they can rely on. People also understand that bitcoin is a "Safe Haven" (but not entirely) digital asset. Bitcoin is present as a new digital asset that can act as an inflation hedge. When there was an economic crisis Bitcoin was still able to survive and continue to be pumped.

Bitcoin will not stop there, it will continue to reach its highest price.