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Bitcoin New All-Time High – What Next?
Bitcoin is in fashion these days. Three years after it traded close to $20,000, it made a new all-time high. Coincidence or not, just like in 2017, it made a new all-time high in December. We all know what happened after December 2017 – the leading cryptocurrency lost over 80% of its value. For this reason, many long-term and institutional investors dismiss Bitcoin as no store of value should have such fluctuations. Therefore, the digital currency appeals more to retail traders than institutional investors. Yet, more signs are on the market that the institutional community sees Bitcoin as an alternative to gold. I ... (full story)
