RATE Group | Positive Bitcoin Price Momentum in Late 2018 Is Still Very Much Possible
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Positive Bitcoin Price Momentum in Late 2018 Is Still Very Much Possible

14 Jun Positive Bitcoin Price Momentum in Late 2018 Is Still Very Much Possible

Posted at 03:12h in Bitcoin News by

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The Bitcoin price is not in a good place right now. That situation will not change anytime soon. When looking at the long-term picture, however, a lot of things may change in the coming months. It has become easy to overlook the positive developments happening in the Bitcoin world today.

The Bitcoin Price is Part of the Story

As is usually the case when people discuss Bitcoin, the price takes center stage. That is only normal, as it is the go-to metric for the world’s leading cryptocurrency. Even so, the price only tells a small part of how the Bitcoin ecosystem evolves at any given time. Additionally, the Bitcoin price has become very easy to manipulate, effectively triggering an official manipulation investigation.

With the Bitcoin price losing so much value in 2018, the situation looks dire. Compared to January 2018, the value has dropped by nearly 50%. For short-term investors and speculators, it is the worst possible outcome. Everyone else, however, is seemingly less bothered…

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