May 2, 2019
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Bitcoin’s Future is Shining but BTC Bulls under Liquidation Pressure

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  • Bitcoin (BTC) stable above $5,000
  • Adoption will drive BTC prices higher

For mainstream adoption of digital assets, there must be utility. Bitcoin as a peer-to-peer cash system is useful with a secure network that is censorship resistance and immune to politics. With increasing use fueled with next year’s halving, Bitcoin (BTC) is likely to expand.

Bitcoin Price Analysis

Fundamentals

Bitcoin adoption is all about the number of individuals willing to ditch fiat and hold BTC. To satisfactorily gauge how many do, analysts track active Bitcoin addresses. Good news is, despite the cyclic nature of Bitcoin and other asset prices; the number of BTC public addresses is up.

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News · NewsBTC

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