Why a New Bitcoin All-Time High Is Imminent

The early stages of the third “supply shock” are being felt by the world’s first and only truly decentralized digital asset – Bitcoin. Currently trading for $19,245, a new Bitcoin all time high above $19,783 is imminent. How much further it could grow after that is anyone’s guess. I personally believe somewhere between $100,000 and $300,000 per Bitcoin before the end of 2021 is quite reasonable. The reason for Bitcoin’s record-breaking rally is simple and it’s happening basically by design. . Here’s what’s pushing Bitcoin prices higher and why they’ll continue to rise… Tags: Stocks To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why a New Bitcoin All-Time High Is Imminent appeared first on Money Morning - We Make Investing Profitable .