The post Bitcoin Likely to See New All-Time Highs, Key Reasons for the Price Surge appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
As the price of Bitcoin touched the $61k price point, heavy profiteering started and it dropped back to $54k and has recovered a bit since then. Five key indicators indicate that major sellers are about to revert to hodlers and even accumulators of Bitcoin, while institutional demand remains strong. This is a powerful setup that …