Bitcoin Continues To Struggle
About 3 years ago now I called that the next bull run for Bitcoin would see us at around $114,000 so far we have hit $108,000 and since then the price of bitcoin has really been struggling. Every time it hits $100,000 now it seems to have rather hefty sell off of around 7%.
Now two things could happen. The first being that bitcoin rallies after these bounces because trump gets into office and executive orders push the prices higher as adoption happens.
Or two which is where I'm at bitcoin kind of slowly sells off and lingers around this $80,000 - $114,000 zone for most of the year or at least until some pro laws come out that start to attract businesses to start hoarding bitcoin again.
*This article is for entertainment purposes only and is not financial advice. Do your own research before investing.