Today’s a huge day in the cryptocurrency world. From the perspective of the previous high in 2017 to now, it’s clear that Bitcoin isn’t going anywhere in the modern world. Just as stocks rise and fall, so will bitcoin. Prices, as with anything are based on general perception and the possibility of it’s actual merit as a store of value. Soon, it will be on everyone’s radar. If you haven’t really looked into cryptocurrencies or how they work, I’d say that the holders of Bitcoin are saying, “Now’s the time.”
As a trader, I understand the nature and necessity of the ups and downs. Breaking this psychological point opens the doors for so many people outside the classic “early adopters.” I’m excited to see where we go from here.