Bitcoin hasn’t fared so well in a month
heh. Light at the end of the tunnel. Bitcoin is in good hands!
A long period of decline has finally come to an end. We saw the first signs last week. The confirmation is now actually there. The stock market is alive and you can see that in the world of cryptocurrency.
Bitcoin is up more than 9 percent in the past 24 hours, Coindesk said at the time of writing. It has been over a month since BTC was at this price level. The most famous cryptocurrency in the world now has a price value of $ 23,690. The last time this value was tapped was June 15. It’s been a while.
In the period from June 15 to last week, BTC has only fallen further. That decline had started much earlier. Things went really fast in April, but before that Bitcoin was already falling from the top.
With a second week in a row in the green numbers, things are looking good for Bitcoin. Analysts are slowly looking at $25,000, with $30,000 as the next pit stop. Have the bears left for the forest or is it too early to talk about that?