Can anyone provide the reason behind the 300% rise of Bitcoin in the last 3 months?
no-one has any idea… for me it is all fomo… fear of missing out that is driving this rally… we should not forget what happened in past, it touched 20k and come all the way down to 5k…
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Most important, it lacks fundamental.
You can trade, no problem.
But not invest.
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It’s because many institutions have now started adopting it like AMCs, paypal etc and are seeing it as a serious option for investment rather than a scam. Finshots recently did an article on this which you can read here - https://finshots.in/archive/why-is-bitcoin-rallying/
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