Bridgewater Associates founder Ray Dalio said the U.S. dollar is on the verge of devaluation on a level last seen in 1971 and that China is threatening the greenback’s role as the world’s reserve currency. In such an environment bitcoin, with its gold-like properties, looks increasingly attractive as a savings vehicle, said Dalio, whose firm started 2021 with $101.9 billion in assets under management, making it the world’s largest hedge fund.
Large Institutions are now buying bitcoin.
We don't any reason for bitcoin going down.
More Good News will come when bitcoin breaks 42k-44k levels.
We are back in a bull market. And this might be the time where you accumulate BTC and other altcoins.
If you want a detail analysis about several altcoins or anything.
Comment Below. I will post it soon.
News reference
Cointelegraph