Bitcoin Price Rally - A Million Dollar Bit Coin Price Prediction

Analysts from banking giant, j p morgan say they've identified three reasons behind big coins latest surge. One catalis of bicoin's recent rally from the forty k level to 55 thousand is the growing belief that it is a better inflation hedge than gold. Another reason why bit coin sky rocketed past that one trillion dollar mark involves the recent statements from the c. Chairman garry gensler that the us would not be following china in terms of crypto regulations. And lastly, j pmorgan says bit coin is climbing due to the growth of users on the lightning network, bolstered by l salvador's adoption of bit coin as legal tender.