Bright Bitcoin Christmas Through Price Boost – Say Goodbye to The Grinch.
Despite the Grinches glomming on to Bitcoin’s recent price fluctuations, history has proven the world had a bright Bitcoin Christmas through price boost. It’s becoming something of a laugh when a media outlet publishes another article of doom and gloom on Bitcoin’s lower price (only at times) then are suddenly silent at times when Bitcoin makes another blast.
Just 24 hours ago Bloomberg reported a Bitcoin selloffyet where is the coverage of the Bitcoin price blossoming past 16,000 today? The Bloomberg article had the unmistakable tone of doubt in Bitcoin. And the next morning we have Bitcoin on the fast track back to its previous high set just a few days ago. Since this same time yesterday Bitcoin grew by 15% and nearly $2,000. The march upward began last night which led to a bright Bitcoin Christmas through price boost.
I’m going to make a New Year’s resolution to stop reporting on Bitcoin pricing on a seemingly daily basis because it strikes me as becoming tedious and at times even redundant. If you look past the skeptics and cynics, the more balanced among the Bitcoin commentators see Bitcoin exploding in 2018. And it seems this new pricing trend is getting an early start at the end of 2017.
The Bitcoin pricing trend dating back to back five or six years is only on an upward trend. The best that could be said about the critics is that they fear a change to the status quo that Bitcoin and altcoins represent. The “powers that be” need to accept this new reality that their hallowed institutions are being shaken to their core as only the tech sector can deliver.
Bright Bitcoin Christmas Through Price Boost is this year’s headline as we ring in 2018. I can scarcely imagine what heady headlines the Crypto Caper contributors will be crafting next year. “Bitcoin Breaks $100,000” anyone?