According to Tuur Demeester of Adamant Research, Bitcoin may be entering a new bull market that could drive its price above $120,000. To take advantage of this potential bull run, individuals are advised to secure their bitcoin in a tax-advantaged retirement account. Unchained provides tools and services to help investors secure their bitcoin, including the option to set up a self-service multisig vault. Funding the retirement account can be done through various methods, such as IRA-to-IRA transfers or 401(k)-to-IRA rollovers. By holding bitcoin in a tax-advantaged account, investors can benefit from both the inflation resistance of bitcoin and the advantages of an IRA. However, it is important to consult with a tax or financial advisor for personalized advice.



Other News from Today