Bitcoin To Reach $100k? What’s In Store For Bitcoin In 2021?

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Bitcoin has risen from a "tulip bubble" to a potential "preferred currency for global trade", according to a 108-page report of Citigroup. As its market value tops $1 tn, it has become too big an asset for the world to ignore. When we search “Bitcoin” on the Internet, usually we will be introduced to the concepts of decentralization, capped supply, and blockchain technology. These are some of the factors that contribute to Bitcoin’s success. But they have been here since Bitcoin’s birth, so what are other factors that drive Bitcoin’s rallies since 2020? Today we will look into two main driving factors.source