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BTC projection for 2021
Bitcoin
Long
BTC projection for 2021
By ambrosia
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Oct 21, 2020
3
Oct 21, 2020
I expect bitcoin to continue its upward trajectory through 2021.
Central banks are inflating their currencies and PlanB's stock to flow model showing a decrease in the BTC supply hitting the market points BTC up.
medium.com/@100trillionUSD/bitcoin-stock-to-flow-cross-asset-model-50d260feed12
Companies are pouring hundreds of millions of their cash reserves into Bitcoin.
blockchain.news/analysis/square-50-million-bitcoin-better-crypto-than-microstrategy-425-million-btc-investment
Paypal has made bitcoin available to almost everyone.
reuters.com/article/paypal-cryptocurrency/update-1-paypal-to-open-up-network-to-cryptocurrencies-idUSL1N2HC0PL
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