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Bitcoin Is On Another Bull Run. But This One Is Different

From decrypt.co

Bitcoin hodlers are having themselves a day, and they have PayPal to thank for it, it seems. The price of Bitcoin shot up today by 8% following the news that PayPal will add crypto buying and selling features to its payments platform. Bitcoin is now trading solidly above $12,000, a price point that it recently breached last night. Its gained another $300 to its price since this morning and is now trading at its highest price since June 2019. Bitcoin has only ever held above $12,500 for an extended period of time way back in 2017. That was during the run-up to the ICO-fueled crypto bubble that peaked with Bitcoin ... (full story)

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  • Category: Technical Analysis