Jan 07 2021

Crypto VC says Bitcoin must consolidate if it is to hit $100,000 in the near future

published by Nick Chong
in blog CryptoSlate
original entryCrypto VC says Bitcoin must consolidate if it is to hit $100,000 in the near future

analysis btcusd price watch

Bitcoin, Ethereum, and other cryptocurrencies have undergone remarkably strong rallies over recent days and weeks. In the past seven days alone, BTC gained 30 percent against the U.S. dollar while ETH gained 60.6 percent. Bitcoin is expected to continue its ascent as long as the U.S. dollar continues to drop and as institutional capital cycles from gold and other asset classes into...

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