Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Coinpedia Fintech News on March 27, 2023, 01:07:22 PM
-
Crypto influencer and analyst BitBoy Crypto believes that Bitcoin's price could double if the $5 trillion on the sidelines of the market is invested in the crypto space. He states that even if only 20% of the cash flows into cryptocurrencies, it would lead to a significant price increase in Bitcoin and other digital assets.
As more investors pour money into cryptocurrencies, it would invite even more money, creating a pump and ultimately causing the price to go up. If Bitcoin's price begins to go up, it would encourage more people to invest in the asset, creating a bullish trend.
What do you think about this?