So apparently, it was Christmas this week… Did anybody get any bitcoin?
So we didn’t really get much of a Christmas present when it came to bitcoin price this year. A push at the start of the week took us to $7.6k, but bulls failed to capitalize on that and prices dropped back into a range between $7,200 and $7,500. BTC seemed fairly confident at this level, with nothing really of note to report for the rest of the week.
Perhaps Bitcoin, like pretty much everybody else, was taking a well-deserved rest; taking stock of the year that has passed and looking ahead to what 2020 will bring.
Will it finally be the year that institutional investment floods into the space? We’ve been promised this for some time, but some think that it could happen in 2020.
Others are predicting record highs for bitcoin price in 2020, and potential 1000%+ returns in the next few years.
And Craig Wright used the festive period to predict that bitcoin will never go to $1 million. But then, he wouldn’t he?
News In Brief
Christmas cheer was in…