Bitcoin is expected to break history under economic transfer

According to Yahoo Finance, as the standard franchise analyst Geoff Kendrick pointed out, Bitcoin may have only a few days of journey in the next step. The leading cryptocurrency is expected to exceed the record of $ 109,000 next week, and the potential of potential from February to March will rise to $ 130,000.

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After the inauguration ceremony of Donald Trump, cryptocurrencies have experienced fluctuations, which has aroused expectations of encrypted friendship policies. KFC emphasized that despite Trump’s influence on cryptocurrencies, it has no effect, but the Fed’s decision to maintain a stable interest rate has eliminated some uncertainty, and these uncertainties have previously hindered the growth of cryptocurrencies.

Recent marketing activities provided a favorable background for Bitcoin. The downturn of American technology stocks is triggered by the newly -cost -effective AI tools that appeared in Chinese startups, which led to the Bitcoin head inch with a long period of liquidation of the futures exchange. However, the cryptocurrency market showed toughness and maintained momentum for future growth.

“Therefore, the market positioning is cleaner, and for its value, if AI is cheaply reduced in inflation (profit margin), then risk assets such as BTC and risk assets that are not related to AI should benefit.”

Bitcoin’s global hug seems to be rising. The Czech National Bank may convert 5 % of its 140 billion euros reserves into Bitcoin. If it is implemented, this move may see that they hold about 69,000 BTCs. According to Kendrick (Kendrick), this will allow El Salvador to currently hold 6,049 BTC recognition.

In addition, Swiss activists are collecting signatures to vote on the use of Bitcoin because the Swiss reserve is obviously larger than the Czech Republic’s reserve gold, which may have a significant impact on its valuation.

The bullish forecast includes the US Bitcoin reserves that may affect other countries, which may greatly increase the value of Bitcoin. Although the United States has not yet established a reserve based on Trump, the administrative order allows the “inventory” of 207,000 Bitcoin. In addition, it is expected that by allowing our lenders to act as a cryptocratra, we can expand the interests of institutional interests by enlarging the institutional interests of Bitcoin by allowing U.S. lenders to act as cryptocurrencies. This move is a key factor in the prospects of the bullish prospects of Kendrick, which set a Bitcoin target of $ 200,000 at the end of the year.

Source: index box market intelligence platform