Bitcoin’s Meteoric Rise: Will It Crash? Commentary

BitBull Capital CEO Joe DiPasquale comments on the Bitcoin’s meteoric rise. Q3 2020 hedge fund letters, conferences and more Bitcoin’s Meteoric Rise”We believe Bitcoin’s meteoric rise will continue, as institutional investors continue to recognize its finite nature and attempt to hedge against global inflation and uncertainty. Remember, a 300% rise like in 2020 is not out of character for Bitcoin. Its median rise in the last 10 years is 182%, and in 2019 it rose 92%. It’s not only institutions like MassMutual and Guggenheim Investments investing in Bitcoin; but also company treasuries, like Sq…

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