How long will the Bitcoin boom last? [Market comment]

In today's morning analysis, we'll touch on a topic Bitcoinia. The price of BTC is approaching historic highs after a massive rally over the past few weeks. We will try to find out where this boom came from and will it continue?

Bitcoin boom, and more

We invite you to the morning market overview with the Chief Economist XTB Przemysław Kwiecień, PhD, where you will learn:

• Pandemic records and the first vaccines in the US in three weeks
• Markets still in a bubbly mood - oil sharply up
• Antony Blinken is the new Treasury Secretary? (supporter of the agreement with Iran)
• Calendar for this week: PMI indices, US PCE inflation
• Thanksgiving in the USA
• Black Friday

WATCH ON-LINE

In addition, due to the very dynamic situation in the world, additional ones will be made available video reports on the impact of the coronavirus on the global economy, market analysis precious metals.

About the host

Dr Przemysław Kwiecień - Chief economist X-Trade Brokers. Doctor of Economics at the University of Warsaw, graduate of the University of Warsaw and London Metropolitan University (MSc). Holder of the prestigious CFA certificate. He has been working for XTB since 2007, previously he gained experience as an advisor to the Minister of Finance, Mirosław Gronicki, and an economist at Bank Millennium. At XTB, he manages the Analysis Department.

CFDs are complex instruments and involve a high risk of a quick loss of cash due to leverage. 76% of retail investor accounts record monetary losses as a result of trading CFDs with this CFD provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.