Today, on February 18, the cost of bitcoin reached another all-time high of $ 52.6 thousand, and at the time of preparation of the material, the cryptocurrency is trading at $ 51.3 thousand. A new round of growth is caused by the attention to the main digital coin from large companies, writes RBC Crypto.
The latest about plans to replenish the investment portfolio with bitcoins was announced by the consulting The Motley Fool, which estimated the growth potential of bitcoin at $ 500 thousand for the next 15 years.
Profit and media attention
Strengthening bitcoin to $ 50 thousand not only brought profit to investors, but also ensured it hit in all major media. As a result, there are many more people who want to invest in bitcoin. This situation was ironically presented on Twitter by cryptanalyst Mikael van de Poppe.
This is such a beautiful example of the psychology of the trader and investor in #Bitcoin. pic.twitter.com/Xtued98KnV
– Michaël van de Poppe (@CryptoMichNL) February 17, 2021
Along with the growth of quotations, the high interest of retail investors will stimulate active purchases of bitcoin and affect its value in the near future, believes Artem Deev, head of the analytical department at AMarkets. He warned that digital coin investments remain high-risk.
“Acquiring an asset in the hope of its further growth is a very dangerous path, since the value of bitcoin can either continue to grow or fall several times,” the analyst said.
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