Bitcoin’s (BTC) price is likely to see hefty gains in 2021. Big corporate players and banking giants have started adopting the most valuable cryptocurrency and accepting it as an emerging asset.

The largest digital coin price bounced back to $50K this week as investors took advantage of the recent price collapse that pulled the largest digital coin to around $43K last week.

The latest sell-off was mostly blamed on investor’s profit-taking strategy instead of any change in fundamental factors. Indeed, Bitcoin’s fundamentals have been improving day over day amid increasing Bitcoin trading volumes, custody offering, research, and prime brokerage.

The price of BTC is up 67% year to date on improving outlook, but that’s not the end of the bull-run.

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