What's driving Bitcoin's price surge?
Institutions and dollar devaluation
What will happen to Bitcoin’s price now?
Two of the last three times #Bitcoin rose above $10,000 in Oct. of 2019 and in Feb. of 2020 it soon fell by 38% and 63% respectively. The last time Bitcoin rose above $10,000 was in May, and it only fell by 15%. It's above $10,000 again today. How big will the next drop be?
— Peter Schiff (@PeterSchiff) July 27, 2020
Ok, guys. I'm gonna go out on a limb and make a small prediction here:
We will never see Bitcoin below $10k again.
— hodlonaut 🌮⚡🔑 (@hodlonaut) July 27, 2020
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.