Bitcoin once hit a new high. The reason for this BTC bull market is the entry of high net worth individuals and institutional investors and the changes in the macro environment! Later, institutional investors will turn to small and medium-sized investors. The enthusiasm in the market will be further amplified, which may cause greater fluctuations in the price of Bitcoin! It broke through US$23000, and the daily increase reached more than 10%. The U.S. stocks' blockchain sector also surged overnight. Grayscale buys 1000 coins a day, PayPal buys 1000 coins a day, Square buys 500 coins a day , other institutions and large retail investors need 1800 bitcoins a day, eliminating the 900 bitcoins dug out every day It needs almost 4000 bitcoins a day, 120,000 bitcoins a month, 1.46 million bitcoins a year, and close to 3 million bitcoins in two years.

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@hasson posted 3 years ago

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