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Bitcoin Prediction: 5 reasons why its rise this time round might be sustainable
By New Academy of Finance  •  December 2, 2020
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Bitcoin prediction: 2017 vs 2020 Bitcoin seems to be getting a resurgence in interest of late. One might recall the asset class spectacular rise back in 2017, followed by an equally dramatic collapse in its price shortly after. Is the digital currency rise this time around any different? At the start of the year, I wrote about why Bitcoin might prosper in 2020. So far, that bitcoin prediction is going well. Bitcoin’s phenomenal rise in 2017 was proclaimed as a bubble by naysayers and they were ultimately proven right. The speed at which the bitcoin bubble ramped up in late-2017 was really a sight to behold as we have never seen anything as “widely followed” and as “bubblish” in the current information age. I recalled...
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By New Academy of Finance
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