Will 2020 Bring More Mixed Results for Bitcoin?

Well, here’s a bit of good news for us all to enjoy. It looks like maybe bitcoin isn’t doomed to end on such a low note after all.

Bitcoin Is Showing Promise Once Again

Yes, the currency is nowhere near its peak price of $13,600 which occurred over the summer, but we can all take comfort in the fact that perhaps the number one cryptocurrency by market cap isn’t going to end 2019 below $7,000.

After several days of traversing the $6,000 range, it appears the currency is walking a path of recovery, having jumped to as high as $7,400 on Wednesday, December 18. At the time of writing, it seems bitcoin isn’t quite where it needs to be strength-wise and is still experiencing a few trips and falls here and there, for on the following day, the currency dropped by nearly $300 to hit the low $7,100 range again. This is basically where it was hanging prior to its slip into $6,000 territory.

The big question is, “What will happen next?” Will bitcoin continue to experience the “magic…