The Bitcoin and Crypto market is looking bullish like it did in 2016 before the bull market into 2017 and ultimately a parabolic run up in December 2017 according to a Grayscale Investments report. Grayscale notes that long term holders are increasingly dominating the Bitcoin markets over short-term speculators, driving demand relative to supply. Grayscale predicts that demand for Bitcoin will significantly grow as inflation accelerates, highlighting the need for a scarce monetary commodity, bolstering the use-case of the cryptocurrency. IRS Plans to Ask Every American Worker if They Used Crypto in 2020.
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Disclaimer – Thinking Crypto and Tony are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.