Bitcoin is still one of the best-performing assets in the crypto market, pulling in 167% in gains since the beginning of 2020. Even though it crashed over 50% in a few hours back in March, it has since jumped more than 400% since the March crash.
Generally, the current sentiment surrounding Bitcoin is a bullish one. Several crypto analysts are of the opinion that not only is the current rally healthy, it is very likely to continue. The analysts have tied the rise in Bitcoin’s price and general health to a continuous flow of retail and institutional funds into the Bitcoin market.
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