A global financial services company recommends investing in this cryptocurrency!

A global financial services company recommends investing in this cryptocurrency!
A global financial services company recommends investing in this cryptocurrency!
company directed “Fidelity”It is one of the largest financial services companies in the world. Advice to countries and their central banks about investing in a currency BitcoinEncrypted. Stressing that it should take advantage of the low price of digital currencies in general and invest in bitcoin during the coming period in particular.

Competitive advantage

The company emphasized that those who buy coin “Bitcoin” at low price. They will have a competitive advantage in the future.

The company’s financial experts added that they would not be surprised to see nation states. Other sovereign acquisitions “Bitcoin” This year. Perhaps some of the major central banks may go to owning “Bitcoin” as well.

It should be noted that the CEO of the Swiss bank SEBA, Guido Buehler. Expect during a press conference, a price hike Bitcoin To range between 50 and 75 thousand dollars during the coming period, based on the internal evaluation models of the digital currency.

Read also: this is CryptocurrencyShe will pull the rug from under her feet.”Bitcoin

Big dip

It was a coin “Bitcoin” It fell on Monday by 0.56%. After its price fell to the level of 42.8 thousand dollars.

Despite its decline, it is still declining below the $44,000 level for the first time since the beginning of last December.

And after the decline I witnessed, the currency increased Bitcoin From its losses to about 22.70 thousand dollars. And that’s since it set a record in mid-November at $65,500. While it is still up more than 45% since the beginning of 2021.

Impact of market dynamics

The total market value of the coin lost “Bitcoin” Today about $5.01 billion. And that after it reached the level of 810.41 billion dollars, compared to 815.42 billion dollars, down 0.6%.

She was Hong Fang, CEO of the Stock Exchange CryptocurrencyThe famous OKCoin. She has stated that she thinks it is “reasonable” for the major cryptocurrency to go up.”BitcoinTo $100,000 in the long run.

Read also: in case you fall back CryptocurrencyE.. Follow these steps without panic!

Although, in the short term, she admitted that many market factors influence cryptocurrency.

“I still think the $100,000 price point is reasonable,” Fang added. But the timing may be a bit off because we are at the mercy of market dynamics.”

Source: (investing – translated and edited by Watan)

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