Bitcoin! Pandemic and Expectations!

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Hello traders, today I would like to introduce you to a few new facts which I believe will cause big increases in price.
As you probably know, the value of Bitcoin in relation to the US dollar has so far increased by 67.5% this year. despite the decline that the cryptocurrency saw during the pandemic-triggered wide market sell-off in February and March.

However, since its fall of $ 4,190 in March, BTC has seen a 185% increase against the US dollar and was trading at $ 11,835 in early September, reflecting investors' concern to protect their assets from a potential rise in inflation.
A big factor in the impact of Bitcoin's price is the effects of expansionary monetary policy!
Central banks print huge amounts of currency to support their national financial systems. The US Federal Reserve has led these efforts, leading to growing concerns about the consequences of this expansionary policy, including rising inflation rates and negative interest rates, both of which have led to a decline in the purchasing power of the US dollar.

This policy has weakened the dollar's position as the world's reserve currency and is causing the USD to decline. This, in turn, caused Bitcoin's value to rise automatically against the North American currency, which in turn raises Bitcoin's long-term forecast goals.
Also notice the surge in speculation!
Speculative trading during the pandemic gained popularity as sports and other forms of entertainment were shut down, forcing those who remained at home to find new entertainment.

Retail investors have found an occupation in the financial markets that allows them to learn, earn and enjoy investing money in stocks, ETFs, and cryptocurrencies - including Bitcoin in particular - which has led to greater market volatility.

Due to the volatile nature of Bitcoin (BTC) and its appeal to the millennial generation, cryptocurrency has become a target for a large group of retail investors. They invested millions on BTC, seeing its potential to generate profits in the future in an environment such as the present one. The presence of retail investors is another essential component of the bullish long-term Bitcoin price forecast.
What do you think?
Best regards.
Bitcoin will hit $ 40,000 any time soon! UPDATE!

Bitcoin will hit $ 40,000 any time soon!

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