Bitcoin News

Story: Bitcoin (BTC) Bull Cycle This Time Seems To Be a Big One

By Maheen Hernandez

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Reportedly, analysts opine whileBitcoin is currently in a bull market it can go up to as high as $300,000 based on the historical patterns; however, they also state that a…

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The bull cycle this time seems to be a big one.  For clarity, “Bitcoin Winter” refers to a price situation where the price can go way down and this is also known as the time…

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CNBC reports analyst Lee stating:  “Bitcoin is very volatile, but the rewards are risk-adjusted.”

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When discussing price appreciation, it is believed that bigger investments in to Bitcoin might be able to move the price to a great extent.

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Important to recollect the investment from Tesla Inc; Microstrategy Inc; and JPMorgan Chase & Co. strategists.

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For clarity, per Wikipedia, institutional investor means, “An institutional investor is an entity which pools money to purchase securities, real property, and other investment…

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Thus, institutional investments running in to BTC means that the value will further flow in to all the products and securities that these companies might be interested to invest…

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Cryptocurrencies are gaining credit as an asset class.  Several robust products and derivative markets will soon develop and more of institutions coming in to the place will…

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Some look at BTC as a potential refuge from inflation because of its scarcity, some are excited about the profits they can make due to the volatility, others are looking at it as…

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No matter what it has been seen since the pandemic that some of the largest addresses that hold BTC have not sold since the pandemic.

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