Regardless of Fundamentals, Bitcoin Adoption Can Propel It Higher
Regardless of Fundamentals, Bitcoin Adoption Can Propel It Higher April 5, 2021 It’s not likely to be a linear move to the upside, but Bitcoin will find price support if not significant appreciation from its rapidly rising adoption case. The good news is the adoption trajectory for Bitcoin looks compelling. Looking at the S-curve, which measures adoption of new technologies, Bitcoin is right where it should be according to many market observers. “Utility value refers to the benefits that the technology provides, reflected by its demands. Speculative value is when investors believe the ...
Source: etftrends.com