<center>![bitcoin nov 24.PNG](https://files.steempeak.com/file/steempeak/cryptopie/mTsLesqY-bitcoin20nov2024.PNG)</center>
<center>[Src - Bittrex](https://bittrex.com/Account/Register?referralCode=0I1-HUQ-2GI)</center>

Today #Bitcoin had risen to almost 19,300 in price value in Bittrex exchange and possibly in other cryptocurrency exchanges. The bull market is already happening a few days back and this is a very good news for many cryptocurrency holders, traders, enthusiasts, hobbyists, and dreamers like me because this is definitely a life-changing event not only for me but to many people out there which is the only goal is to take themselves out from financial constraints due to poverty and in my case medical maladies that had been plaguing me for many years now.

I am confident that Bitcoin will rise for the next 12 months and for the long-term outlook it is really a good thing to hold Bitcoin as its fundamentals never change and due to the fact that it has an ever-dwindling supply which translates of low supply but have a high demand.

That is why many big financial entities out there like the wealthy people who are wanting to hedge their money from inflation or simply wanting to grow their money because of the said reasons.

Paypal is said to have aa great impact in the value of BTC, it had caused more scarcity for the King of crypto which is BTC as it opened its platform to its US customers and is now on the road to activate the buying and selling cryptos including some major altcoins to other parts of the world which is by far the major catalyst that I see for cryptocurrency mass adoption as Paypal is used by many merchants worldwide.

That is why PayPal is an oracle for retail investors, common people like you and me to dip their toes in the crypto realm and considering that PayPal is so big which is why its impact on crypto economy is very massive indeed and they are just starting especially when other PayPal customers gets the go to buy cryptos using their platform.

As for me I am ever so happy to witness this bull run for BTC. I know that it is a cycle of Bear and Bull but this time is different because institutional investors are a driving force about this run-up and soon more retail investors will come to join buying Bitcoins and Altcoins to  trade, to store, or using them as a mode of payment and thus invigorating the markets more and more like a snowball effect and even as we enter the bear market the level of prices still is higher and would make every crypto holder into having a much better financial situation compared today.




<center>![](https://files.steempeak.com/file/steempeak/cryptopie/yigvR8pp-oie_CbE7a9K5yiLF.gif)</center>
<center>[Src](https://pixabay.com/videos/id-44139/)</center>

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