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In the Russian Association of the Cryptoindustry andblockchains (RAKIB) believe that Bitcoin will not stop at the achieved results and will continue to update the highs. The position of the organization was expressed by Alexander Brazhnikov. holding a post of the executive director of RACIB.
The expert reacted positively to the rise in the price of BTC above $20,000 last Wednesday, December 16. Today, the largest digital currency is trading above $21,000.
Brazhnikov linked bitcoin rally with gaininvestor interest in the cryptosphere. In his words, the influence of the innovative sector of the economy is growing rapidly, and it is no longer possible to ignore this fact.
People are trying to earn as much as possible from alternative investments. This factor will also stimulate BTC to take new heights, quotes the words of the executive director of RACIB RT TV channel.
According to Brazhnikov’s forecasts, the limited emission of cryptocurrency — this is one of her greatest strengths.
Unlike the dollar that can be printedinfinitely, the emission of bitcoin will end after the last coin has been mined. Accordingly, the value of cryptocurrency will only increase in the future. The attractiveness of fiat money, on the contrary, will inevitably weaken, the expert concluded.
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