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Total Members Voted: 13
Voting closed: October 17, 2021, 07:59:24 AM
Bitcoin has shown some extremely volatile price action over the years. This is definitely something worth bearing in mind. On the other hand, this time around, the Bitcoin bull run 2021 appears set to have institutional backing, waiting to buy up the dip if the price crashes.
There may no significant bear run how much a bitcoin crash. Yes, we are in volatile market but there are possibilities that price may remain bullish on a longer period of 2021, at least, 75% of the year.In addition, it is not just set now for institutional investors but many are already invested, the likes of Tesla, MicroStrategy are good example of the already done deals. Many more are coming.
I also think bullrun will run throughout 2021. Pandemic and uncertainty still dominate the world, and cryptocurrencies are still seen as a safe haven.