When Bitcoin Will Stop Rising ?
Reuters just reported that Bitcoin could be “a safe haven” for this crisis. And this is not far from the reality.
Bitcoin has surged more than 30 % after the Silicon Valley Bank incidents while the positive momentum continued after the European crises with Credit Suisse and Deutsche Bank. More specifically, Bitcoin have declared profits more than 3 % on daily basis, reaching a step before $29,000.
A break in the $30,000 wall in the next days seems quite possible and the next month is looking bright. This surge in the Bitcoin price will bring new winners and losers among the other cryptos and what market share will take from the pie.
The truth is that the new market cycle that starts now will have more effect in the global economy….