While Bitcoin is heading to $20,000, it suddenly hits break and drop $3,000 due to U.S. Treasury Department’s rumored plans to attempt to track owners of self-hosted cryptocurrency wallets according to Yahoo Finance reports.
Whether or not the Treasury can have their power to invade private wallets is a question, Bitcoin will continue to hit $20,000 to prove itself is a future currency.
Disclosure: I/we have no positions in any cryptocurrencies mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose cryptocurrencies is mentioned in this article.