Don't Call it a Comeback
Bitcoin never left the stage... but this market is still very volatile
You might have noticed the surge in Bitcoin prices over the last few days. The asset and the altcoin that surround it have had had a good run, rocketing several thousand dollars on Friday alone and maintaining a price above $21,000 through the weekend.
It’s been nice to see, and a reminder of the fact that Bitcoin can have price movements of 10-15% or more on an average day.
But will it last?
We’ll see.
The fact is, even with all the upheaval across the globe, there is still demand for Bitcoin and other digital assets. The short term price action has seen the market pull back significantly from its highs, but that doesn’t mean that the investments have lost relevance or opportunity.
This revolution marches onward, and that’s a good thing!
The Crypto Connection is for entertainment purposes only and is not meant to be financial advice. Please do your own research before investing in any asset class. Sara Celi is not a financial advisor, and holds several cryptocurrencies. To purchase her books on Amazon, please click here.