- Apr 29, 2021
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Bitcoin has seen a recent resurgence. After dipping down to 28K, it's not poised to break 50K. As you may know, I'm very bullish on Bitcoin and crypto overall. Bitcoin is up 380% vs. other asset classes including gold, and the NASDAQ 500 (which only boasted a 47% return). There is speculation that bitcoin will hit $100K-$150K, but then dip back to $20K. I don't believe this simply due to the fact institutions are buying up bitcoin, and there is a fixed supply of only 21,000,000. What are your thoughts?