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Bitcoin Prices (BTCUSD) Target $30,000 As 2020 Winds Down
Bitcoin prices look set to end the year at all time highs close to $30,000, as institutional buying frenzy continues to drive prices higher. Reports from analysts at Glassnode suggests that increasing illiquidity may be making it harder to buy Bitcoin, resulting in a situation where larger money is now chasing lesser supply. How much Bitcoin remains available for purchase or exchange? A large chunk of Bitcoin has already been mined. A lot of it has been seized by authorities in various countries from raids conducted on illegal operations. Then there are those lost forever in wallets whose owners have misplaced ... (full story)