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Bitcoin Price, Scams and Definitely No Politics

15 Dec Bitcoin Price, Scams and Definitely No Politics

Posted at 17:45h in Bitcoin News by

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Surely I can get through this introductory paragraph without mentioning the UK election. Must be some other news to cling to. If possible I could also tie in some spurious bitcoin comment… Can you buy a National Health Service with bitcoin?

Or I could just mention that Miss Jamaica won the Miss World 2019 competition this weekend, and hope nobody notices.

Bitcoin Price

Not much to report on bitcoin price this week, other than a slow trickle downwards from $7600 to just over $7k. Not that that was any reason not to rampantly speculate for commenters.

Peter Brandt (who for some reason, we must always describe as ‘veteran trader, Peter Brandt’) explained bitcoin’s path to $100k. This was great, although to get there, he thinks we will either drop to $5k by the middle of next year or start to pick up again any time now.

A golden cross on the 50 and 100 week moving averages was heralded as suggesting bright times ahead, but short-term we may still be in for a bashing.

Jailed…

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