Investors should expect a “pretty sustainable” rise in Bitcoin’s long-term value driven by organic market movement , with the $100,000 threshold in near-sight, predicted Jurrien Timmer, director of global macro at Fidelity Investments, last October.20 Mar 2022
Read moreWhy is Bitcoin up so high today?
Key Takeaways. Bitcoin broke a key resistance level making investors believe there is further upside . Rising inflation and the potential for even more stimulus continues to push people to safe-haven assets. Increased adoption from payment applications like PayPal will give far more people easy access to cryptocurrency.
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