CandleFocus Financial 'Indiana Jones': The Massive Bitcoin Rally Has Not Even Started
2024-11-18
Author: Content Editor
Sean Brodrick, a financial analyst and editor, believes that despite the recent price increases, bitcoin still has room for growth. He predicts that in 2025, governments, banks, and corporations will contribute to a significant rally in the leading cryptocurrency. Brodrick suggests that Trump's support for bitcoin and the possibility of creating a strategic reserve will attract other countries to adopt the cryptocurrency. He also expects more corporations to enter the crypto market, including the recent vote by Microsoft to purchase bitcoin as part of its reserves. Lastly, he states that big banks will increase their bitcoin holdings, not just through ETFs but also by acquiring actual cryptocurrencies. Brodrick's analysis suggests that these factors could drive bitcoin prices to new heights.
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