2018-7-22 18:13 |
A Bright Future Ahead Catalysts can lead any currency higher.
This week saw Bitcoin hover in the low $6,000 range before mysteriously popping to above $7,500.
This would allow institutional money to purchase BTC for the general public and anyone interested in investing in their fund.
Recently it was announced that more than 50% of the money that entered the crypto space since 2018 has been institutional money.
Tom Lee, Senior Partner at Fundstrat and ex-chief of JP Morgan believes Bitcoin will reach $25,000 by the middle of 2018.