Analyst expects Bitcoin to cross $54,000 this year, but next year belongs to…
ambcrypto.comIn a recent tweet by CryptoRank, just 6.3% of the total Bitcoin supply, or 1.3 million BTC, is held on cryptocurrency exchanges. The decreasing supply is not news though, since the Bitcoin halving in 2020 when the BTC block reward was split in two.
Now, despite the growing concerns, BTC has showcased some decent trajectory. At press time, it surged by more than 6% in 24 hours. But was this enough?
Gareth Soloway, the chief market strategist at market technical guidance platform InTheMoneyStocks.com expressed his concerns in a recent interview. Well, concerns for BTC proponents but quite the opposite for gold supporters. Here why.
Bitcoin, as anticipated was the best performing asset in 2021. The table below highlights the same .
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