Bitcoin’s supply is running low as demand is surging from company’s like PayPal and Square Cashapp which are buying more Bitcoin than what is mined. This supply and demand economics are sending Bitcoin’s price higher. Bitcoin price could rocket to ‘$1,000,000’ as big institutions buy directly from miners. Van Eck declares Bitcoin ‘less volatile than many’ stocks.
The crypto market could go parabolic soon due to the following upcoming events – the XRP utility fork via flare and Ripple buying back XRP and Ethereum 2.0 staking which would lock up Eth.
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Disclaimer – Thinking Crypto and Tony are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.