Bitcoin has seen strong gains over the past seven days. According to CoinGecko, the leading digital asset is up 16% in the past seven days, outperforming Ethereum and a number of other digital assets.
Despite this strong rally in the price of the leading digital asset, analysts are expecting further gains in the weeks ahead.
Here are a few reasons why this sentiment has been shared about Bitcoin.
#1: Bitcoin Is Seeing Strong Corporate Demand
#2: Inflows Likely to Increase With Custody Solutions