Bitcoin Strikes Back In Power
After the halving of Bitcoin, there was no significance improvement for Bitcoin.
The last few days were quite heated up since Bitcoin did manage to reach close to US$10 000.
There were Cryptocurrency experts also warned about the possible drop due to many standing orders at US$10000.
The moment the price reaches US$10 000, the standing orders would be filling up that may cause a possible drop.
There were also other experts that mentioned many well-known people who are backing Bitcoin as future backup in finance.
I have been looking at the price and Bitcoin has stayed around US$9500 which may have a chance of passing the US$10 000 mark.
https://www.forbes.com/sites/billybambrough/2019/05/19/bitcoin-roars-back/#786b3c3fab19
The report above shared about the positive news about Bitcoin and cryptocurrency by well-known investors.
There are also cryptocurrency youtubers that are posting about the Bitcoin rally. Below is one of those videoclips. https://www.youtube.com/watch?v=8_lbMvnJ2IM Video Source
With more retail stores adopting Bitcoin, there is a chance for Bitcoin to come back in action.
This article is my personal refection so it is not an investment advice.
It is my first post in @project.hope community and I do hope you like my short article.