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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (166419)	12/27/2020 2:37:08 AM
From: bull_dozer	Read Replies (3) \| Respond to of 218621

Bitcoin price blasts past $27K — BTC market cap now over half a trillion dollars Bitcoin price is showing no signs of slowing down during weekend trading with $30,000 in sight. Bitcoin's market capitalization is also now over $510 billion, which puts it just under Warren Buffett's Berkshire Hathaway, the tenth-largest company in the world. This comes less than a day after surpassing Visa's market cap. As Cointelegraph reported, this weekend's surge has put the price of Bitcoin above the mean trend line of the popular stock-to-flow model (around $24,900), which forecasts a $100,000 target by December 2021. At the same time, the current bull cycle appears to be different and more sustainable than in 2017 with many traders expecting more upside over the coming months. The reasons for this include a frenzy of institutional buying, stronger fundamentals, less available supply on exchanges, and still relatively little interest from retail traders. cointelegraph.com