Encrypted currency hedge funds to promote the new “in the Cong cycle”


nnnIn recent months, the number of hedge funds investing in encrypted currencies has risen sharply, and this rising trend is continuing. This increases the effectiveness of institution-level investments in Bitcoin and other encrypted currencies, while the price of Bitcoin rises sharply again, with the recent trading price approaching $ 5,000. Quartz.com recently released a report shows that increasing investor participation will stimulate the price rise, this is known as the “Satoshi cycle (Satoshi Cycle)” to grow to accept a greater growth in the change Making a lot of people think that the price of Bitcoin in the next year will be a new high.n
nnTranslation: Clovern
nIn recent months, the number of hedge funds investing in encrypted currencies has risen sharply. As many as 70 new hedge fund reports on the arrangement of encrypted currencies have given investors a particular concern.n
nAnd this number is growing, increasing the effectiveness of institutional investments in Bitcoin and other encrypted currencies. Quartz.com recently released a report that this trend will continue as investors want to get a better return from hedge funds, as these funds have recently reported a lower rate of return than the S u0026 P 500.n
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nHedge funds = price increasesn
nThe increase in the number of hedge fund participation coincided with the sharp rise in the price of Bitcoin, the recent transaction price several degrees close to 5,000 US dollars. Many industry sources predict that this jumping growth is mainly due to the increase in the mainstream participation of encrypted currencies such as Bitcoin. The article clearly pointed out that the increasing participation of investors will stimulate the price rise:n
nBKCM’s Kelly said:n
nn”It is this wall of money that will hit the market, which will make me think we are in the early stages of this rally.”n
nnThis change from growth to acceptance to greater growth (known as the “China-Cong”) has allowed many people to see that bitcoin will once again reach new heights in the coming year.n

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