I share ko lang ang article na ito:
4 Big Reasons Bitcoin’s Price Will Probably Not Stop at $20K This Time- Institutions, not retail, in the driver’s seat
- Network fundamentals better than ever
- Bitcoin reward halving still 11 months away
- The bigger macroeconomic picture
Yan daw ang reason kung bakit tataas ng husto si Bitcoin.
Here are the important quote on that article
“I actually don’t think it’s important at all. The $10,000 benchmark did nothing to slow down price back in 2017. And it looks like it did nothing to slow down the prices here in 2019.”
“BTC open interest rose by a record 643 contracts in a single day, establishing a new all-time high of 5,311 contracts on June 17 (26,555 equivalent bitcoin; ~$250M notional).”
“Front running would be in line with Efficient Market Hypothesis: if you believe S2F and that BTC will be $50k May 2020, why wait?”
“Cut rates.
Print money.
Make BTC more scarce.
Long Bitcoin, Short the Bankers!”
Possible $21k at the end of the year according to some TA analyst.