Bitcoin: As new entrants climb, is BTC ready for a price hike | Crypto Portal

Bitcoin: As new entrants climb, is BTC ready for a price hike

Will BTC rise as demand pumps?
A growth in new addresses means that more participants are having their first transaction and a balance. It also implies that demand for Bitcoin is increasing.

Predictions say “Bitcoin to the moon”
As a result, predictions have appeared with many noting that Bitcoin could head beyond $50,000. Some others think the coin price might go higher once the ETFs get the green light. One of them is Arthur Hayes, co-founder of crypto exchange BitMEX.

I could easily see a 30% to 40% correction due to a dollar liquidity rug pull. This is why I cannot buy Bitcoin until these March decision dates have passed.