Bitcoin Suddenly Back Above $4,000--Here's Why

"The entire industry is ripe to resume a path to lower prices," Bloomberg Intelligence analyst Mike McGlone wrote in a recent report. "Conditions are akin to November, just prior to the collapse. Prices are consolidating within narrowing ranges, with a few sharp bear-market rallies that appear fleeting."

Interesting article about the current price of bitcoin and where it might be going from here. The author is pretty bearish on the price, which is common at the end of a long bear market. My guess is that the great bear market is coming to an end. Also, I wrote last week that the price usually seems to rise on the weekends for whatever reason, and here we are rising again....

Read the full story here...
https://www.forbes.com/sites/billybambrough/2019/03/16/bitcoins-suddenly-back-above-4000-heres-why/#50a7d77d4e2c