For the first time ever, Bitcoin reached a new All-time-high (ATH) of $40k per coin. Those who held Bitcoin since 2017 (or before) would've made a lot of money by now. Unfortunately, prices have stalled as Bitcoin is stuck between the $30k - $32k range. It could be the cause of whales buying the dip to pump the price at a later time. Whatever the reason for the price drop, Bitcoin is still much more valuable than what it was a couple of years ago. If the pandemic continues to take the world by storm, we may continue to witness new ATHs in price.
All of this makes me wonder, will Bitcoin will reach $50k by 2021? If it does, 2021 will prove to be Bitcoin's biggest year with astronomical returns for early investors. Right now could be the perfect buying opportunity while Bitcoin is still in the $30k range. What are your thoughts?
All of this makes me wonder, will Bitcoin will reach $50k by 2021? If it does, 2021 will prove to be Bitcoin's biggest year with astronomical returns for early investors. Right now could be the perfect buying opportunity while Bitcoin is still in the $30k range. What are your thoughts?
It is possible to reach 50,000$ easily in bitcoin we already see the growth of bitcoin last time from 20k$ ATH up to the new ATH up to 40,000$ in just a month the growth was really ridiculous. The price in the market was 30k$ and easily climb up again up to 36k$ in the last past hour the investors are already so many when it comes to bitcoin and a lot of the people are only believed the bitcoin is the one cryptocurrency that will be the number one and stays in the end and the other alternative cryptocurrency are just for short term investment. It could be that whales are manipulating bitcoin price through the dump to make a lot of profit most of the time.