Has Bitcoin conquered the $10k level once and for all?
The recent falter in Bitcoin price has many traders wondering if the rally that has been building up was nothing but a trap. However, with yet another quick recovery, the narrative has shifted: from a risky investment in a shaken world, the conquer of $10k has shown how Bitcoin is here for the long run.
With the shift in narrative, Bitcoin traders are now looking into proven signals that justify their bullish desires. Since 2017, one such signal is the positive outlook on the last months of the year, with the fabled all-time high being reached in December of that year.
Do you think BTC's Everest will be conquered by the end of 2020?