How High Can Bitcoin Jump?

3 min readDec 11, 2020
How many Bitcoins are new buyers chasing?

One of the main questions on people’s minds these days is how high can the price of Bitcoin go.

Which factors should we take into account?

There are news events that get people excited about the future of Bitcoin.

On October 9, 2020, Square announced that they had purchased 4,709 Bitcoins for $50 million, which is about 1% of their total assets.


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