3.4 C
New York
Saturday, November 27, 2021

Bitcoin is ready to break the $ 60,000 mark this time: BTC Price Forecast 2021

Over the past three days, the first cryptocurrency has risen in price by almost 7 thousand dollars (14%). “Bitcoin could be helped by the news that the management of the Chinese photo processing application Meitu decided to buy BTC and ETH for $ 40 million. precedent – buying on the balance of the leading altcoin Ethereum.

It is very likely that in the medium term large companies will make decisions about investing not only in bitcoin, but also in some of the leading alternative cryptocurrencies, which will only reinforce the positive attitude towards the sector, ”said the FxPro analyst team.

In addition to Meitu, the Norwegian corporation Aker ASA also invests in bitcoin. The Norwegian holding company Aker ASA, controlled by billionaire investor Kjell Inge Rökke, has set up a business unit that will invest in projects and companies across the Bitcoin ecosystem.

Must Read: Matic Price Prediction 2021

Seetee AS intends to keep all of its liquid investment assets in bitcoin. The first step was the purchase of 1,170 BTC (worth $ 58.5 million). As a result, Aker ASA has joined the growing list of publicly traded companies that deal directly with Bitcoin.

Rökke is considered one of the richest people in Norway. In 2019, his fortune was estimated at $ 3.6 billion. In a letter to shareholders, he explained that Aker ASA’s decision to pursue cryptocurrencies is the result of “a long and fundamental discussion about the value of assets.”

Traders are raising targets above $ 70,000 with the recovery of Bitcoin’s capitalization to $ 1 trillion, ttrcoin writes. Analyst Preston Pisch points out that the MACD indicator crosses the signal line upwards on the daily chart, which is usually considered a buy signal.

Also Read: ICX Price Prediction

Bitcoin continues to rank first in terms of profitability in the weekly reports of Goldman Sachs. For the first time, the cryptocurrency was included in them at the end of January. By the time the last report was released on March 4, bitcoin’s growth since the beginning of the year was 70%, which is double the next energy sector.

Latest Posts

Don't Miss

Stay in touch

To be updated with all the latest news, offers and special announcements.