Bitcoin is making a big splash

[Bitcasino.io 462]

 

Hi guys,

 

As you may already know, Bitcoin is making a big splash in institutional investments.
Large corporations choosing to invest a percentage of their liquid assets into cryptocurrency will forge the path for other high-net-worth individuals and smaller businesses to do the same.

 

Just after PayPal’s announcement of crypto adoption, Bitcoin’s price started climbing.
You can read the full article here: PayPal with Bitcoin.

What do you think, how high could the Bitcoin price go?

 

Thanks,
Karl
Bitcasino.io
 

[Whited35 15285]

We are noticing the massive boosts in BTC price and several factors were responsible to give this boost to the Bitcoin as the mentioned article explained, bigger institutions like MicroStrategy's investments in Bitcoin will soar to another ATH. @Bitcasino.io , have you remembered? Four months ago, we had discussions about the future BTC price at the end of 2020 and I think we both did not expected this massive upsurge in price of Bitcoin  🤣!

From the article, especially, this quoted part does make a huge sense ! 

Quote

The global effect

Just after PayPal’s announcement of crypto adoption in October, Bitcoin’s price climbed past US$13,000 from nearly US$12,000, increasing more than US$950 in less than 24 hours. After all, it was a historic event for crypto enthusiasts all over the net and it’s common for the public to invest in assets favoured by big institutions.

With PayPal’s network reaching almost 400 million all over the world, offering cryptocurrencies in their roster of services will drive mainstream adoption faster. Now, people won’t have to create an account on crypto exchange sites just to invest in Bitcoin. They can do all these and more with their PayPal application on their mobile devices.

As long as more institutions are investing in Bitcoin and other cryptocurrencies, advancement and continued adoption are on the horizon. It won’t take long before we all witness Bitcoin take the centre stage and usher in a new era of financial stability.

Honestly, a move from PayPal to adopt crypto has also helped BTC to get exploded ! 

[Sarahden111 1231]

Not only the liquid assets of the companies are allotted to prevent the purchase of bitcoin, but also liquid investment companies interested in buying and storing bitcoin according to a strategy for more than ten years, and this can be followed up on and on Twitter, and this is what helped him to form a new peak away from the currencies from which he squeezed liquidity.

[bogdanoff 3173]

In a matter of another year the price can rise even more. There are plans for more to invest in Bitcoin and it seems that it is used by some governments too. It is reason to believe that price will be higher from today but it is hard to estimate. Perhaps 100,000 or even higher, nobody knows where exactly and when this institutional interest will stop.

[Michailma 637]

This information is so special but I think if the bitcoin price is so high and everyone will enjoy making big profitable, but in the field of crypto currencies platform and base on the making price depends on the income you gain

[SelimAbi 339]

Paypal has adapted to the digitalizing world here and finally brought the opportunity to buy and sell cryptocurrencies. After that, maybe after the arrival of paypala, many people made purchases. That's why the leap in value is quite natural. Thanks for informations.

[jackycrypto485 1055]

The largest institutions in the world have already begun to buy bitcoin in large quantities, and this has led to an increase in demand for bitcoin and this led to a significant rise in the price of Bitcoin, which reached the highest ATH in history at a price of 41,000$.

[kryptonick 2659]

On 12/17/2020 at 1:48 PM, Bitcasino.io said:

What do you think, how high could the Bitcoin price go?

I can't give a clear prediction about that. The higher it goes, the more the possibility of another big crash and another bear market being born. While I was sure Bitcoin was sure that Bitcoin was going to make a new all time high in 2020, I still didn't think that all would go this fast and that we would be at $50,000 this soon. For this reason I expect the bull market to be over sooner than I was predicting and not last until the end of 2021, but maybe end during this spring or summer. Maybe it has already ended and we are in a phase of consolidation with just Tesla news and purchases supporting it.

[Moudr 513]

Hello, my friend, there are many who expected a rise in the price of Bitcoin to exceed fifty thousand, and there were also skeptics about that. I think that Bitcoin is still there are big surprises in its future, and I think that there are many known parties that will be part of the future of Bitcoin