Quick coverage of multiple factors behind rapid rise of BTC price:
- Liquid supply is drying up
- Growing number of people catching on to BTC’s utility
- Institutional investment
- HODL
- Previous winners who sold BTC near the top are getting back in with previous profits
- Wealthy are moving into cryptocurrency
- Governments are buying crypto
- Banks are buying crypto
- Halvening is 330 days away
- Did I mention the lack of liquid supply?