Btc is hovering between $56k to $58k, it needs some more good news to cross this $60 mark.
After PayPal, which next business giant is going to endorse Bitcoin?
What should we expect in coming days that can push btc to more adoption and expedite it's March towards $1 million?
Why do you even care?The price will cross the 60K USD level sooner or later.
The Bitcoin price doesn't need "good news" in order to grow.We need more buyers,both institutional and small buyers.I think that the buyers will increase their purchases after a price correction.Nobody wants to buy expensive BTC.That's why many buyers will be waiting for a correction,before buying more BTC.
I don't know what big corporation will endorse BTC next.I don't have a crystal ball or insider information.
I'm not sure that Paypal will ever truly adopt Bitcoin and cryptocurrencies in general.
Exactly. As long as there are more buyers and a big amount of investment into Bitcoin, it's for sure that the price will continue to increase. But of course, I'd like to see more big companies start adding Bitcoin as a payment method. It speeds up the adoption process.