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There is no reason to sell. What will happen to Bitcoin and Ethereum?
Let's try to answer one of the main questions of traders and investors — what to do with assets now, will they continue to rise in price or will the correction begin?
Regarding Bitcoin, it is worth to note that we should not expect a strong correction, FXOpen experts say. First, large crypto investors do not sell their coins, but on the contrary, withdraw liquidity from exchanges, which has a positive effect on the price. Secondly, despite the rather strong information noise around Bitcoin, the number of daily new BTC addresses has still etherium bitcoin reached the level of It means that Bitcoin's growth is largely organic, not viral.
Third, the boom in open purchases of Bitcoin by institutional investors has pushed the rate up quite strongly, but in addition to large funds, the creation of reserves in Etherium bitcoin by government agencies has begun. For example, the mayor of Miami said that etherium bitcoin could invest part of etherium bitcoin city's treasury reserves in Bitcoin, because "Bitcoin was the most stable investment during an incredibly unstable year.
There is no reason to sell Bitcoin now.
The same is for Ethereum. This situation is real, because of the growth dynamics in recent days.
I expected to see the current price no earlier than in March, perhaps even in April. However, such price levels will be unstable.
ETH is a cryptocurrency. It is scarce digital money that you can use on the internet — similar to Bitcoin. It's really yours ETH lets you be your own bank. Secured by cryptography Internet money may be new but it's secured by proven cryptography. This protects your wallet, your ETH, and your transactions.