Seeking Alpha
2020-11-06 04:42:40

Bitcoin Continues To Surge As Investors Are Pricing In More Stimulus

The cryptocurrency continues its rally and is trading at its highest level since January 2018.As European economies are entering a second lockdown, investors are pricing in more stimulus in the coming months.Hence, more money injected into the system will continue to support bitcoin prices in the medium term.Bitcoin could reach the $20,000 level very quickly in the current environment.

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