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Bitcoin Cleared $65,000 This Week. Ignore the Noise, This Is the 1 Factor That Investors Need to Watch.
On the afternoon of July 15, Bitcoin traded above $65,000. While it didn't remain above that level for long, it may signal the beginning of a long-awaited recovery for the coin, which hadn't been at $65,000 in about four weeks. Bitcoin is still 48% below its peak, and there is no shortage of commentary from so-called experts trying to figure out what variables are driving the price, ranging from favorable regulatory and industry developments to a relief bounce following a streak of bad news. Investors should simply ignore the near-term noise. Here's the one factor that might matter most to Bitcoin holders right now. ... (full story)
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