BITCOIN is Sculpting new Values for it
The Year 2020 is great for the Blockchain Tech. Now Talk around the world is Bitcoin's Unstoppable Rally. $BTC Surge beyond $22k and it is the historical Price of $BTC till now. Institutional Investors are the main reasons behind this massive rally.
Few Days Back Micro Strategy confirmed that they are decided to buy $650 Million. Also Micro Strategy Stated soon it will hold 0.4% on all $BTC.
In Recent Interview Eric Peter, CEO of River Asset Management revealed about $1 Billion Fund will be invested in Bitcoin and Ethereum in the beginning of 2021. Don't Forget about ETH 2.0
GrayScale added 115,236 Bitcoins to their Stack in Q4 of 2020. so why the Institutional investors investing Billions of Fund on Crypto. They realize Blockchain is the Future and Crypto is inevitable on the floor. Crypto Market is right now with $644 Billion with $BTC Dominance at 65.5%. In the past Decade lot of times the world said Bitcoin is dead. But now the world realizes We can't destroy Crypto. it will be the future.
Pick your right ALTS which is potential use case in the real world applications.
Trading Range of $BTC From 2013
2013 $13.5 - $1152
2014 $295 - $1014
2015 $178 - $482
2016 $364 - $973
2017 $963 - $19650
2018 $3865 - $17361
2019 $3789 - $13793
2020 $4474 - ??
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