If you’ve hung onto your Bitcoin (and your crypto) during the last few weeks, you’ve probably already noticed—
The price is up. Big time.
After hovering around $20,000 since the beginning of the year, Bitcoin is now well over $25,000 a coin and knocking on the door of $30,000. Interest and investment has returned to the digital currency, and to other cryptocurrencies. All of this is buoyed by the bank bailouts, rescue packages, and general unease with the sturdiness of the global banking industry.
That’s fueling some pretty bullish sentiments. Perhaps the most outrageous:
There shouldn’t be any doubt—the bulls have returned.
Will it last?
That’s the million dollar question…
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.