Bitcoin (BTC) surged past its previous all-time high to set a new one above $66K on October 20, 2021, a few days after the launch of the first Bitcoin ETF.
The Bitcoin community had waited for this moment for over 5 months and now that the cryptocurrency has not disappointed they expect it to continue with the bull rally to above $100,000.
To help investors and traders who are eyeing to buy and hold the BTC coin, Invezz has created a brief article to help with identifying the best places to buy it.
To find out more, please continue reading.
Best places to buy BTC
eToro
eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.
Binance
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
What is Bitcoin (BTC)?
Bitcoin (BTC) is the most popular cryptocurrency around the globe.
It was the first cryptocurrency to be launched and it has maintained the number one position in terms of market capitalization ever since.
2021 has been the best year for BTC since it has now shot above $60K twice in the same year. First, it was in April after which it pulled back to about $30K. The second is now, in Oct., when it has set a new all-time high above $66K
The popularity of Bitcoin has seen large companies like Telsa, MicroStrategy, and Square add it to their spreadsheets, and countries like El Salvador make it a legal tender in the country.
Should I buy the BTC today?
Bitcoin has proved to be the best performing cryptocurrency of all time despite its pullbacks along the way. It has more than doubled its price between Julys and now a trend that is expected to continue for the remaining year and into the future.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
Bitcoin price prediction
Following the recent comeback that thrust Bitcoin (BTC) above its previous all-time high to register a new all-time high of $66,930.39, the price of BTC is expected to continue roaring and possibly get above $100,000 before the end of 2021.
Bitcoin social media coverage
Are you mentally prepared???
Its gonna look something like this🤣👇#Bitcoin pic.twitter.com/UsIXV9ooVK— Kevin Svenson (@KevinSvenson_) October 22, 2021
#Bitcoin could soar to $168,000 by year-end — Fundstrat founder pic.twitter.com/u4ADX1yolz
— Bitcoin Magazine (@BitcoinMagazine) October 24, 2021
The post Where to buy Bitcoin (BTC) and HOLD as majority foresee a surge above $100K before end of year appeared first on Invezz.
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