Every week Jeffrey posts on his YouTube channel Focuss on Finance about Bitcoin's share price, commenting on expectations and his own investments. This week, he has this to say about it:
"Bitcoin rose by 18% in 11 days and now needs to catch its breath. As we investors know, no investment only goes up. However, it will be an interesting week from a technical perspective. Additionally, news has come out that Microsoft will vote on December 10 about whether to invest in Bitcoin. Bitcoin is increasingly being viewed as a viable investment opportunity, which is raising concerns for the European Central Bank. They are warning of potential dangers if Bitcoin continues to rise, as holders would benefit from the appreciation—a fundamental aspect of investing."
Check out the video here, make sure to turn on subtitles: