In a recent development, a research firm has predicted the Bitcoin’s price to reach its peak in mid-January. The report suggests that a multitude of factors including heightened institutional interest, economic uncertainties, and growing adoption in both retail and commercial sectors are the key drivers of this bullish outlook. Bitcoin’s potential peak price remains undisclosed, however, the confidence within the report stresses the underline potential that Bitcoin possesses. The report also highlighted that after the peak, a price correction would be likely. It’s a common phenomenon in the crypto market and investors are advised to tread carefully around this volatile period. Read More
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