The date February 16, 2021 is now the biggest milestone that some financial experts expected to be reached by the end of 2021.
Bitcoin value not only reached 50KUSD, it stayed above 50K$ for the last 48hours.
let’s get back to previous predictions. I remember reading an article in December 2020 from Omkar Godbole at Bloomberg , about Bitcoin reaching 50k$ in 2021.
If you followed Bitcoin move for the last months, you may have been concerned by the correction each time Bitcoin reached the 25K, 30K or 40K milestones.
If you own Bitcoin or ethereum, you should send a box of chocolates to Elon Musk.
We also realized that a lot of events have triggered these moves to the moon.
From the paypal announcement last year, to the Tesla endorsement. People realize that Bitcoin is there to stay and has became a storage of value that is never going away.
For the record, i’m working on a big cryptocurrency project with the mission to make cryptocurrencies accessible to the poorest countries in a safe and reliable way.
People in poor countries may have 20$ or less to save per month, and investing in Bitcoin would be a bad choice.
As weird as it seems, i still don’t recommend to invest in Bitcoin. As i work on App development, it make more sense to invest in ethereum and others cryptocurrencies that bring some great values to the table.
Congratulations if you invested in Bitcoins in the last 2 years, you must be at a high.
But don’t get carried away investing into the next big cryptocurrency, more than 95% of cryptos are pure scam. Some carry no value, and some are just terrible Multilevel marketing praying on the gullible.
if you want to buy crypto stick to the references for now.
I will be posting more detailed technical analysis and breakdown of the cryptocurrencies ecosystem that is moving really fast.
