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- Currently, the leading coin is priced at over $37,000 at the time of writing whereas yesterday it was at an all-time high of $35,000.
- It seems that things are continuing to go well for the flagship coin.
Bitcoin seems to be hitting a new all-time high every day! Currently, the leading coin is priced at over $37,000 at the time of writing whereas yesterday it was at an all-time high of $35,000. It seems that things are continuing to go well for the flagship coin.
With Bitcoin hitting such a massive milestone, many people are bullish on the future with one analyst believing that we will never see Bitcoin at $20,000 ever again.
The analyst in question known as Willy Woo took to Twitter recently saying:
We'll never see $20k BTC again.— Willy Woo (@woonomic) January 3, 2021
$24k support would need a black swan event to breakdown.
Floor price supported by long term buyers is rising very fast.
Not long before this, the analyst gave the prediction that the coin is heading for $55,000 and with the rise in institutional investors over the course of 2020 heightening the industry to places never seen before, the changing market dynamics and price of the asset is expected to go even higher over the next few weeks.
That being said, it is worse than your own research before investing in a cryptocurrency and that we are not financial advisors with this not being financial advice.
Bitcoin has surpassed $35,000 and many people predict that $40,000 is the next achievement for the coin to hit.
Max Keiser, a well-known podcaster on crypto believes that $42,000 is very much in play.
On Twitter, he said:
$42,000 in play #Bitcoin— Max Keiser (@maxkeiser) January 5, 2021
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