The Power of Corporate Buying of BTC

[TomPluz]

Wow, just after I am convinced that Bitcoin is having a very hard time to get past the important and psychological level of $40,000 and maybe BTC resting at around $37-38K, came the news that Tesla is planning to join the Bitcoin party by soon accepting the said cryptocurrency and that it just purchased $1.5 billion in BTC days ago. That very good news pushed the BTC above $40K and is now hovering in the vicinity of $46K -- looking at ways it can get into $50K soon.

Maybe if the rumored news that Apple is also planning to get into the Bitcoin thing can come true than we can see Bitcoin going beyond the $50K...so much good news happening here and this can be creating some sort of an avalanche for other big corporate entities to also make their presence known by buying Bitcoin and hitting the news at the same time. Well, that can be free advertising in the first place and possibly great profits just using one stone.

[krypto4uvak]

I'm also looking forward to when bitcoin will cost $ 50k. I think next month he will overcome this mark. And with each subsequent month it will add $ 5k.

[arnold dudicove]

Wow, just after I am convinced that Bitcoin is having a very hard time to get past the important and psychological level of $40,000 and maybe BTC resting at around $37-38K, came the news that Tesla is planning to join the Bitcoin party by soon accepting the said cryptocurrency and that it just purchased $1.5 billion in BTC days ago. That very good news pushed the BTC above $40K and is now hovering in the vicinity of $46K -- looking at ways it can get into $50K soon.

Maybe if the rumored news that Apple is also planning to get into the Bitcoin thing can come true than we can see Bitcoin going beyond the $50K...so much good news happening here and this can be creating some sort of an avalanche for other big corporate entities to also make their presence known by buying Bitcoin and hitting the news at the same time. Well, that can be free advertising in the first place and possibly great profits just using one stone.

I agree. The more institutional investors join, the more Bitcoin solidifies at a very fantastic price. This is clearly the news that users around the world have been waiting for ...

[doc]

I agree. The more institutional investors join, the more Bitcoin solidifies at a very fantastic price. This is clearly the news that users around the world have been waiting for ...

Yes, I see many investors already bought bitcoin . I see several companies  bought bitcoin , That's really good for bitcoin and crypto currency markets. I see market is green now. I hope we will see the bullish soon.

[Dreamer]

Wow, just after I am convinced that Bitcoin is having a very hard time to get past the important and psychological level of $40,000 and maybe BTC resting at around $37-38K, came the news that Tesla is planning to join the Bitcoin party by soon accepting the said cryptocurrency and that it just purchased $1.5 billion in BTC days ago. That very good news pushed the BTC above $40K and is now hovering in the vicinity of $46K -- looking at ways it can get into $50K soon.

Maybe if the rumored news that Apple is also planning to get into the Bitcoin thing can come true than we can see Bitcoin going beyond the $50K...so much good news happening here and this can be creating some sort of an avalanche for other big corporate entities to also make their presence known by buying Bitcoin and hitting the news at the same time. Well, that can be free advertising in the first place and possibly great profits just using one stone.

Of course yes, corporates have a big power to push the price for any coins if they want to. Elon Musk didn't push only Bitcoin price but he did the same to Doge, we are now seeing Doge at $0.07 after he bought some.

If he will accept Bitcoin as payments to his cars and trucks, then we will see Bitcoin to $50K soon!

[Power420]

Bitcoin prices have been rising sharply for some time now.  The current Bitcoin price is 46 thousand 992 dollars.  If the price of Bitcoin continues to rise in this way, it could go from  70,000 dollar to  80,000 dollar in a few days.

[UNIVERSE]

Actually this is what makes the power really has the power. We can follow what the big companies buy in the crypto world. because mostly, the transaction will really influence the price to be higher and higher again. SO far, we can see how long the rally of BTC and DOge because of this such fundamental reasons.

[Azaleea]

The news of the increasing number of large investors who will enter clearly greatly affects the fluctuation of bitcoin prices. I don't know if this will come true or if this is just some kind of promotional rumor. We will both look at the facts later

[Malam90]

General investors have less money so it doesn't create any positive impact but when corporate investors comes to invest in stock market or crypto market to purchase a specific coin or share, it will put huge impact on price and also market psychology.

[Triedboy]

The reason why the price of Bitcoin has pumped up so much in a few days is because of the Bitcoin hashtag on Elon Musk's twitter page. And he has invested a lot in Bitcoin and now the price of Bitcoin has increased so much due to the acceptance of Bitcoin transactions by international transactions and big business organizations. Maybe the price of Bitcoin will exceed 60K dollars every time.

[Muneeb22]

When the corporate buy the BiTCoin invest in other business that time the business touch the sky and this time the big companies will start to invest in the crypto market and that is the reason that its go high day by day.

[lepbagong]

The reason why the price of Bitcoin has pumped up so much in a few days is because of the Bitcoin hashtag on Elon Musk's twitter page. And he has invested a lot in Bitcoin and now the price of Bitcoin has increased so much due to the acceptance of Bitcoin transactions by international transactions and big business organizations. Maybe the price of Bitcoin will exceed 60K dollars every time.

@elonmusk certainly has a mission that we don't know about because as a shareholder also in Tesla where now the shares in both of them are competing for the best, we can be sure there is a certain load and we are hard to guess because this could be a big brokerage game.

but to increase sharply maybe not only the influence of @elonmusk if in my opinion Halving has already shown its impact, so I believe for $ 60K it is not impossible for bitcoin to get, but let it go up gradually.

The renewable ATH was formed again a few hours ago and this will reinforce that gradually we believe that bitcoin will break through $ 50K and will continue with the next increase and continue until it is true that the difference between the first and second halving occurs will even be phenomenal, because the% is quite high.

[pacar_tiri]

When the corporate buy the BiTCoin invest in other business that time the business touch the sky and this time the big companies will start to invest in the crypto market and that is the reason that its go high day by day.

Yes, I agree , if the corporate buy bitcoin, I think bitcoin will more popular and bitcoin price will increase day by day and will touch new ATH.  for now I see many whales already bought bitcoin. So, let's see the bullish will happen soon.

[Sirait]

^ corporations have great leverage over the popularity of cryptocurrencies. Bitcoin is an example that can be used as a lesson that when many large companies store their assets in Bitcoin, public confidence in Bitcoin strengthens. thanks to the corporations that have made Bitcoin their investment asset.

[Bitstar_coin]

Wow, just after I am convinced that Bitcoin is having a very hard time to get past the important and psychological level of $40,000 and maybe BTC resting at around $37-38K, came the news that Tesla is planning to join the Bitcoin party by soon accepting the said cryptocurrency and that it just purchased $1.5 billion in BTC days ago. That very good news pushed the BTC above $40K and is now hovering in the vicinity of $46K -- looking at ways it can get into $50K soon.

possibly great profits just using one stone....

Why will be convince that all the fight has left btc and it will not be able to go past 40k, we'll now you know better not to jump into conclusion,  this is 2021 way different from 2017/18, this time there are many institutions who have shown interest and some already join the party.