Bitcoin up 37% in 1 month, bullish storm in crypto market

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Hi there my name is Faiz and most welcome to my blog post. Today I am gonna share crucial information regarding bitcoin. Nowadays the cryptocurrency world is very much in discussion in the world. Recently, the world's largest crypto asset also called king Bitcoin has crossed 100k USD for the first time and this was huge. It has reached a new high of $1,03,844. BTC has jumped by about 145% this year.

The founding partner of CoinDCX is Mridul Gupta and he said that the price of bitcoin asset is determined by many things in the market. Mridul said that Bitcoin has many indicators in the fundamental and technical prospect by which you can decide when to come into the crypto market and when not to come into the market. So these indicators plays a huge role in investment decision.

Moreover, Mridul gupta said that if we look at bitcoin assets 12 months 16 months ago, it was at about 1/3 which is low. Now it has crossed 100k dollars and here you can see the big difference. Bitcoin is the 7th largest asset class in the world. It is above silver in terms of market capitalization and it's also called digital gold. It is a very big asset class. People can invest their funds here and gain capital for long-term investment. even USA government recently said bitcoin as digital gold so this is not a small statement.

Almost all countries around the world have already introduced regulations for the main asset of crypto which is bitcoin. Whether you look at the Middle East or the United States. There is no regulation in most countries but there are KYC norms. If you look at the cryptocurrency market after looking at all these things, you will realize that the cryptocurrency market has just started to rise. It can be estimated that the cryptocurrency market will go up even more in the next 12 to 18 months because the bull season is going on and recently the halving is happened.

Mridul said that Bitcoin can be bought for Rs 100, Rs 1000, or even Rs 5000 in India however if you belong to another country then you should check your country's crypto firms that they are providing small amounts of buying or not. He said that buying Btc coin is absolutely legal in the country. Gupta said that if you are a new investor in crypto then invest only in Bitcoin currency. If you have invested in Bitcoin currency then you can look at some other currencies as well. Do thorough research before buying those crypto coins because research is the key of success in the crypto field.

So what is your planning for investment there is still beginning and more shocks are about to come in the near future. Multiple big events have happened and more big news is about to come. Just imagine what will happen when amazon starts accepting crypto payments. We can't imagine guys...Faiz signing off.....

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