May 6, 2021

Altcoins are booming while bitcoin remains trapped in the band between $50K and $60K, but analysts are still bullish.

Video transcript

Altcoins are booming while bitcoin remains trapped in the band between $50K and $60K, but analysts are still bullish. Edward Moya of OANDA joins “All About Bitcoin” to give his outlook for bitcoin, which he thinks will be bolstered by the Fed’s easy money policies and rising inflation. “There is still tremendous growth for bitcoin,” he said. Plus, his thoughts on what it will take for bitcoin to get past the $75K critical resistance level.

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