Invest
Will the latest Bitcoin rally last?
By Dr Wealth  •  December 11, 2020
I shared my views on Bitcoin and its current state on our YouTube channel 2 weeks ago, here’s the video: Then, Bitcoin had experienced a significant correction (>10%) which got people wondering if it’s a bubble. At the point of writing, Bitcoin’s price has recovered; Bitcoin Price by Nomics (A Crypto Market Cap Provider) The Bitcoin Story – till date This is Bitcoin’s price chart over the past six years: You’ll see that we had a crazy run in 2017 where Bitcoin almost reached USD$20,000. (Prior to that, our Bitcoin trainer Chris Long has already been buying up Bitcoins, he shares his insights here) And then it came crashing down. Later in 2019, Bitcoin experienced a resurgence, but barely reached its previous high before it tumbled again. Today, it has climbed back up to its all-time high, crossing USD$19,000 just last week. And so, we’re at a historical point once again. The technical analysis camp will say that it looks like a double top, which means it’s likely to crash again…right?
...
Read the full article
By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance