RE: Bitcoin Looking Great Moving Into 2020
All things look great on the horizon…make sure you’re not caught on the sidelines watching ’cause the future is looking spectacular!
Bitcoin is Showing All-Time High Fundamentals, Setting 2020 Up For a Bright Year
“According to new data from cryptocurrency industry analysts TradeBlock, the technical strength of the leading cryptocurrency Bitcoin has reached previously unseen levels.
This strength, based off the analysis of three metrics — transaction volume (USD equivalent basis), transaction count, and hash rate — show that the coin sits in a great position moving into 2020.
TradeBlock highlights the fact that the Bitcoin network moved more value in USD than ever before in 2019. That includes a spike above $500 billion one day in late July after a single trader unloaded 20,000 Bitcoin on the Bitfinex exchange.
The increasing number of USD moved through Bitcoin highlights the coin’s power and dominance, and shows why US regulators and banks — as well as those across the globe — are looking to get in on the action by creating their own digital currencies.”