Bitcoin is on the brink of securing its biggest weekly gain so far this year. 🚀
BTC is trading at $21,600 at the time of writing, and briefly cracked $22,000 for a few hours in the early hours of Friday morning.
Bitcoin has been dusting itself off after suffering nine consecutive red weekly candles — plummeting to lows of $17,708.62. Crypto enthusiasts can take some comfort in the fact that BTC currently remains above the psychologically significant threshold of $20,000 — a figure that coincides with the high watermark set during the 2017 bull run.
"Bitcoin could be one of the greatest bull markets in history at a relatively discounted price to start 2H. Or the crypto may be a failing experiment in the process of being made redundant, like crude oil. Our bias is Bitcoin adoption is more likely to continue rising."
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