In the middle of this (March), bitcoin (BTC) fell back after breaking through $60000, fell sharply to $50000 on the 25th, and then recovered slowly. Although there is still some room for effort from the historical high, analysts at the company are optimistic for a long time.

Mike, senior analyst of the company McGlone pointed out in his tweet (26) days ago that referring to the performance rhythm of bitcoin in the bull market in 2013 and 2017, he predicted that the highest price of BTC would rise to US $400000 this year (2021), and said that bitcoin would transform from a risk asset to a reserve asset: "bitcoin will be transformed into a risk-off reserve asset: Bi (Business Intelligence) commodity - we believe that it is becoming a global digital asset On the way to reserve assets, a big step towards maturity in 2021 may be turning bitcoin into a risk averse asset. "

(2021-3-30)