Bitcoin Will Reach A New All-Time High This Week, Matrixport Head Of Research Says
Summary
Bitcoin's value surged by over $18,000 in February and has continued to rise in March, crossing the $65,000 mark. Institutional buying is increasing globally, with significant volumes in countries like Korea. Anticipation of new Bitcoin ETFs and decreasing OTC BTC availability for large institutions are driving the price. Analysts expect Bitcoin to reach a new all-time high, potentially hitting $70,000 this week.
