It's a well known fact that there is a lot of Chinese money in cryptocurrency. With the recent Coronavirus outbreak, the CCP is destabilizing causing investors to lose faith in their country and subsequently the Chinese Yuan. As a result, to protect their capital, many are transferring their funds into crypto which will cause bullish momentum.
My prediction is that Bitcoin will either trade sideways at $10k or keep going up. There's no reason for the bullish momentum to stop, especially with money flowing in.
My prediction is that Bitcoin will either trade sideways at $10k or keep going up. There's no reason for the bullish momentum to stop, especially with money flowing in.