Chief Strategy Officer, CoinShares: BTC is volatile and cyclical, but the trend will continue to increase next year

2021-1-16 14:22
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According to the Economic Times, CoinShares chief executive Meltem Demirors has said that Bitcoin's value will rise further by 2021 due to Bitcoin's insufficiency to meet huge demand. I expect there will be volatility and cyclicality, but since this is a demand correlation, the model will increase further next year. Demirors pointed out that over the past 12 months, commercial investors have flocked to Bitcoin, causing demand for cryptocurrency to spike. Businesses need $ 100 million, $ 500 million, $ 1 billion, not $ 10 million, $ 20 million, or $ 30 million.

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