Seeking Alpha
2020-12-18 09:54:29

The Unstoppable Force Of Bitcoin

After consolidating to $16,000 at the end of November, it did not take to long for bitcoin to test new highs and break its long-term resistance at $20,000.The awareness of bitcoin continues to grow significantly, with numerous hedge funds and asset managers shifting part of their business into cryptocurrencies.As long as liquidity is on the 'menu' to finance the high costs of lockdowns, bitcoin prices should continue to rise.Our next target on bitcoin is at $30,000.

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