Bitcoin hitting 20K might be taking long but not far from hitting that figure and beyond

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Institutional investors in the US are transferring larger volumes of Bitcoin and other cryptocurrencies than their European and Asian counterparts, on-chain analytics firm Chainalysis said in a report on Thursday.
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Every actions supports Bitcoin to hit the much anticipated 20K as Bitcoiners continue await Bitcoin hitting that figure. It is no surprise that Institutional investors and getting in on the accumulation phase of Bitcoin. It is more of accumulate and HODL actions being taken based on observations analysis.

Cryptocurrency adoption is growing rapidly in Slovenia. More than 1,000 locations in the country now accept cryptocurrency payments, including cafes, restaurants, dentists, hair salons, and hotels.
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On the use case side of cryptocurrency, Slovenia according to this report Crypto Adoption Soars in Slovenia: Over 1,000 Locations Accept Cryptocurrencies is among the leading nations to have cryptocurrency as payment methods and it is expected to have Bitcoin dominating larger percentage of the volume.

These and other factors are a contributing factors that will eventually propel Bitcoin to 20K and beyond. It is increasingly becoming a matter of when rather than will Bitcoin ever hit 20K. Until accumulation and HODLing will continue to rise.

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