It was these 2 news that drove Bitcoin from 8000k to 41000KYes, it's true .... the US Fed printing $10 trillion out of thin air to rescue .. also all the global central banks printing trillions in euro, and so on ............... sparking the interest of buying Bitcoin again last year.
The 2 news that really drove Bitcoin from $8000.00 to $41,000 was these 2 news
CEO of MicroStrategy, Micheal Saylor putting almost half a $billion of his company's corporate treasury into BITCOIN ........ this is beginning of opening the floodgate for Corporate America into diversifying part of their cash warchest into Bitcoin.
The other big news was Paypal.. announced it would allow 346 million customers to hold Bitcoin and other cryto currencies, and to use the digital assets to shop at the 26 million merchants on its network.
Bitcoin blast off to the moon ........ after taking out the previous high of Bitcoin $20,000
and in few days rocketing to $23,000
That's when all the institutional money starts pouring in ... heavy buying at $28,000 .... and extremely heavy buying of Bitcoin at $31,000-$35,000 ............... the heavy buying drove Bitcoin to $41,000 +
Bitcoin went into a correction afterward, shorts and many naysayers attacking Bitcoins, there's some whales came in taking advantage of the low price in the low 30s and ultimately squeezed the shorts to death on the biggest option week last month.
NOW YOU ASK YOURSELF WHAT NEWS GOING TO TRIGGER BITCOIN TO THE MOON IN 2021 ??
The answer is ELON MUSK , Tesla following Microstrategy .... going into Bitcoin.
What you seeing the last few days is only the begiinning. Anyone tells you you won't see anymore BIG CORPORATE COMPANIES moving some of their Treasure Chest into Bitcoin are either a Short Sellers or a Liar.
Bitcoin is heading to $100,000 whether u believe it or not