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$55,000 and this is not the limit

Bitcoin hits new all-time high

The price of Bitcoin broke past $55,000 and it looks like it won't stop there! Analysts note a constant increase in the inflow of stablecoins and predict that Bitcoin could double to $100,000 by the end of the year. And we can believe it by watching Bitcoin grow 70% since the beginning of 2021.

The $1,5 billion investment from Tesla, as well as the announcement that Mastercard will start supporting cryptocurrency transactions in 2021, sounds promising, right? And it seems that other corporations will follow in their footsteps. So our advice to you is not to hesitate and take care of your income now!

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As hedge fund manager Paul Tudor Jones said, “The best profit-maximizing strategy is to own the fastest horse. If I am forced to forecast, my bet is it will be Bitcoin.”

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Published: 21.02.2021

#btc_rate #bitcoin

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Bitcoin is golden!

Bitcoin seems to become digital gold in 2020. This can be stated based on the price trends and correlations in the futures market. According to Coin Metrics data the positive correlation between BTC and gold has increased since the beginning of July and is now at a record level above 0.5. The sensitivity of the cryptocurrency to the movements in risk assets, mainly stocks, may decrease. Also, Bitcoin's hashrate has risen to record highs near 150 exahashes per second. Not bad, huh?