Bitcoin Opens with Red, Ten Crypto Market Predictions for 2021 Await Your Witness

Bitcoin is expected to maintain a healthy bull market in 2021. Since Bitcoin's inception, BTC holdings on crypto exchanges have been increasing. However, starting in February 2020, institutional investors began withdrawing large amounts of Bitcoin from exchanges for long-term holding. To lower Bitcoin's price, it must be sold on exchanges, but sell-side liquidity crunch is intensifying.