@Samcryptofz 7 June 2021 more from that month

Mass Adoption Only a Decade Away As Analysts Predict 2021 High for BTC BTC | BITCOIN $36553.27 -1.71% Image On 4th June, an esteemed panel at the Bitcoin 2021 conference in Miami gave an optimistic deadline for the mass adoption of Bitcoin, saying it'll take ''at least a decade.'' "I think that based on how Bitcoin has been adopted historically and based on the trillions of dollars that the Fed is going to have to print in the coming months to years, that it would potentially be conservative to say that Bitcoin's a unit of account in 10 years,'' said Parker Lewis, head of business development at Unchained Capital. Dan Held, Director of Growth at Kraken, said, ''If we do have an event where there's a rapid devaluation of fiat currency, Bitcoin starts to surge or gets close to $1 million per Bitcoin - a supercycle-esque moment then we could see it much sooner, maybe five to six years or so.'' Meanwhile, another historically accurate indicator is in favor of BTC reaching a new high this year. Philip Swift, the creator of the Pi Cycle Top indicator shown above, has stated that Bitcoin could rally to a major level in 2021. The Pi Cycle Top indicator uses two MAs - 111-day and 350-day multiplied by 2 - and the current market condition seems to be setting up a crossover between the two averages, a sign of bullishness. ''This is setting up another cross, and therefore potential high, in the coming months once price starts trending back up...which I believe it will,'' concluded Swift. Bloomberg Intelligence said in a report that Bitcoin is more likely to rally to a $100,000 resistance than go below $20,000 and stay there for a sustained period.