Today, Bitcoin (BTC) has reached above $44,000, followed by light recovery of multiple alt coins in the market. Congratulations to those who have invested in BTC and other alt coins on the dips in the last couple weeks, hope you already made plenty of profit.
As mentioned previously in our medium post, BTC dips creates an opportunity for itself to take a run-up or accumulate in order to reach a higher ATH in the future. The situation could have been already happening since BTC has risen from $30,000 to $44,000 in just a week. Thus, BTC could be back on track on the uptrend at the moment.
Besides what’s currently happening in the market, BTC and other altcoins also received plenty of good news that could accelerate its price in the future. Valkyrie Bitcoin Miners ETF has been approved for NASDAQ Listing on Feb 08, 2022. Furthermore, Tesla currently possesses nearly $2 billion worth of BTC according to its 2021 Financial Statement. These news definitely play an important role in boosting the confidence of the market as well as attracting new investors into the crypto market.
If you believe that BTC is currently on the uptrend, don’t hesitate to jump on the ship to the moon with your favorite coins. We, The Monopolist, will not stop grinding to deliver the best gaming experience as well as investing options for our investors.
This is not investment advice, make your own decisions with responsibility.
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