Bitcoin increases to $12,554 / BTC, Don't Be Too Happy

By chichan47 | CryptoPh | 21 Aug 2020

I said not to be too hepid, that did not mean to discourage all of you. What I mean is, the latest Bitcoin price increase is actually insignificant, because there is a further increase in the amount. Before the end of the year it was in the region of Rp222 million per BTC I thought it made a lot of sense. There is a spectrum of very fundamental arguments regarding my sentence, ranging from strong support by the US Treasury's Office of the Dollar Currency Supervisory Agency (OCC) to the move by public company MicroStrategy to buy thousands of BTC as its investment base.

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