Big News For Bitcoin Predictions 2021

[Suba]

I think Bitcoin fundamental analysis is more difficult than fundamental analysis on Stocks and Forex, because there are no financial reports like stocks or economic indicators on Forex. so we must be aware of big news that can cause volatility in the price of Bitcoin, here is the big news for prediction / analysis of Bitcoin prices in 2021
1. Many countries will tax Bitcoin covering the purchase profits and mining income. Clarity of these rules is very important for investors.
2. Financial institutions such as JPMorgan and Standard Chartered will enter the crypto world so that it will invite many new crypto investors.

What crypto big news do you know that you think will affect the price of cryptocurrency, especially Bitcoin in 2021?

 

[Shole]

The PayPal implementation of bitcoin I heard about on some other thread in this forum, and P*rnHubs use of crypto is going to be a huge + for the currency, but taxes might hit it hard. Is it like 100% certain that most countries will tax bitcoin mining and income?

 

[Niftyyem]

Paypal finally launching their crypto services will surely affect btc positively come the new year. This will bring in more serious investors into the crypto world.

 

[Lagazine]

The acceptance of bitcoin by PayPal is going to help bitcoin grow. If possible, all countries will welcome bitcoin in exchange of goods and services rendered. I can't just wait to see the coin rise soon. But, if we are considering bitcoin, let's no forget that the second coin (Etherium) is going to rise as well.

 

[Peterlight]

Venezuela is using bitcoin to pay for goods imported into the country.

African now have a total of 650 million invested in Bitcoin in the last 2 months.

Just 27 hours ago, a billion dollars company bought 650k bitcoin worth billions of dollars.

These are the good news I have heard about bitcoin for the next year.
Lastly heard bitcoin will hit $330,000 by next year ending.

 

[BrolySSJ]

I think Bitcoin fundamental analysis is more difficult than fundamental analysis on Stocks and Forex, because there are no financial reports like stocks or economic indicators on Forex. so we must be aware of big news that can cause volatility in the price of Bitcoin, here is the big news for prediction / analysis of Bitcoin prices in 2021
1. Many countries will tax Bitcoin covering the purchase profits and mining income. Clarity of these rules is very important for investors.
2. Financial institutions such as JPMorgan and Standard Chartered will enter the crypto world so that it will invite many new crypto investors.

What crypto big news do you know that you think will affect the price of cryptocurrency, especially Bitcoin in 2021?

I think that the biggest news that we can expect in the 2021 year is the adoption of the crypto currency payment platform into various part fo the world. In my opinion there are many countries that are making moves towards regulating crypto and this is a very good stepping stone towards legalizing it in countries and to making it a main payment form in these areas.

 

[Sarfraz Ali]

I think Bitcoin fundamental analysis is more difficult than fundamental analysis on Stocks and Forex, because there are no financial reports like stocks or economic indicators on Forex. so we must be aware of big news that can cause volatility in the price of Bitcoin, here is the big news for prediction / analysis of Bitcoin prices in 2021
1. Many countries will tax Bitcoin covering the purchase profits and mining income. Clarity of these rules is very important for investors.
2. Financial institutions such as JPMorgan and Standard Chartered will enter the crypto world so that it will invite many new crypto investors.

What crypto big news do you know that you think will affect the price of cryptocurrency, especially Bitcoin in 2021?

I really don’t have a particular range in mind, however I do recognize that around that point the common person won't be able to afford even one full bitcoin. Bitcoin is finite whereas America dollar isn't. 21 million bitcoin can solely ever exist. America dollar keeps obtaining printed. wherever is that the worth? keep in mind one thing is simply price worth if we tend to all agree it’s price value. therefore, suppose|i feel} the world can think bitcoin is price over the common capitalist will handle, by Jan 2021… perhaps even among the nest few months.

 

[Suba]

I thought jp morgan Announced launching its bitcoin wallets earlier this year. Moreover I’m still curious on how some countries will collect income tax on cryptocurrency. If you can shed More light on how it an be done

In many countries crypto (Bitcoin) is not a currency, but is considered a property or commodity, a tax will be imposed on the income tax, both when buying, selling and mining crypto. the amount of income tax (%) for each country will be different, for example today you buy 1 Bitcoin for $ 22k, two months later you sell Bitcoin for $ 25k then you profit $ 3k, if in your country the income taxe rate is 10% then $ 3kx 10 % = $ 300, maybe the $ 300 tax liability will be deducted directly by the crypto exchange.

 

[alberello75]

Well, despite there is already a great optimism for the cryptocurrency Bitcoin, projected into 2021!
Furthermore, we add that now this non-palpable currency is becoming marketable for many major global companies.
But, we have to pay attention, because there is always the unknown of volatility ...

 

[Ralphjoe]

The biggest news that will affect Bitcoin to a very large extent is the government acceptance of the cryptocurrency instead of treating it as semi illegal currency since they don't understand the way it works.
Then there is Big financial institutions buying or investing into the Bitcoin asset.

 

[Abibatabosede]

My thoughts about Bitcoin is that it needs stability in the international market and keep the Marchants who have been accepting the existence of the currency the reason to stick to it as quality exchange medium.

 

[Kinglegend01]

I think Bitcoin fundamental analysis is more difficult than fundamental analysis on Stocks and Forex, because there are no financial reports like stocks or economic indicators on Forex. so we must be aware of big news that can cause volatility in the price of Bitcoin, here is the big news for prediction / analysis of Bitcoin prices in 2021
1. Many countries will tax Bitcoin covering the purchase profits and mining income. Clarity of these rules is very important for investors.
2. Financial institutions such as JPMorgan and Standard Chartered will enter the crypto world so that it will invite many new crypto investors.

What crypto big news do you know that you think will affect the price of cryptocurrency, especially Bitcoin in 2021?

I think 2021 will be a yet better year for bitcoin, I mean look at 2020 with its covid 19 issues and all, bitcoin still had a positive rise. Futhermore,the acceptance of bitcoin by PayPal is going to help bitcoin grow. If possible, all countries will welcome bitcoin in exchange of goods and services rendered. I can't just wait to see the coin rise soon. But, if we are talking about cryptocurrencies as a whole, then I think we should also talk about Etherium because I think it is going to rise as well.

 

[ahmedo24]

The year 2020 was a big boost for Crypto currencies generally , this year may have it challenges though manageable due to the fact very huge number of reputable investors are into cryptocurrencies which has been the major support.of this project.

 

[Ehizzy1]

I think this year there would be a lot of big companies, who would actually be investing in bitcoin and this would really have a huge boost on the price of bitcoin i think ,and a lot of people would actually invest in it because of that i think

 

[Shigobad2020]

I think Bitcoin fundamental analysis is more difficult than fundamental analysis on Stocks and Forex, because there are no financial reports like stocks or economic indicators on Forex. so we must be aware of big news that can cause volatility in the price of Bitcoin, here is the big news for prediction / analysis of Bitcoin prices in 2021
1. Many countries will tax Bitcoin covering the purchase profits and mining income. Clarity of these rules is very important for investors.
2. Financial institutions such as JPMorgan and Standard Chartered will enter the crypto world so that it will invite many new crypto investors.

What crypto big news do you know that you think will affect the price of cryptocurrency, especially Bitcoin in 2021?

Bitcoin sees it first drop this year but I still believe it will keep rising as from April 2021, and some countries at banning crypto currency trading while some will start putting taxes on the use of bitcoin minning or any crypto investment, and also people are beginning to invest in crypto currency hereby making it more popular

 

[btaliat]

February started the beginning of rise in bitcoin after almost 3 giant companies joined st the same time. The event that I think will even lead to the increment in bitcoin more is the fact that PayPal joined it and included it the UK citizens.

 

[Sincerem]

Many investors have tracked the coin, now the digital currency is on the uptrend. This year 2021 have seen many whales investors enter into Bitcoin investment. Tesla motors invested into Bitcoin this year and MicroStrategy bought another 205 BTC to their already purchased Bitcoin, bring their total Bitcoin value to 91k+.

 

[Mostee501]

I don't know of any big news but from what i have read you say,it shows that bitcoin and other cryptocurrencies will be invoke for a long time and even centuries. For big organisations such as standard chartered to invest in bitcoin will attract more investors.

 

[Jumoke12]

I think Bitcoin fundamental analysis is more difficult than fundamental analysis on Stocks and Forex, because there are no financial reports like stocks or economic indicators on Forex. so we must be aware of big news that can cause volatility in the price of Bitcoin, here is the big news for prediction / analysis of Bitcoin prices in 2021
1. Many countries will tax Bitcoin covering the purchase profits and mining income. Clarity of these rules is very important for investors.
2. Financial institutions such as JPMorgan and Standard Chartered will enter the crypto world so that it will invite many new crypto investors.

What crypto big news do you know that you think will affect the price of cryptocurrency, especially Bitcoin in 2021?

Everyone who is into bitcoin should invest based on their initiative and not all these so-called predictions. The price of bitcoin can't be successfully predicted

 

[Chibson]

Bitcoin is the king of all cryptocurrencies and I believe that there is no time to invest in it that is very late. I know for sure that this year bitcoin will surely touch over $80,000.