Bitcoin made a rapid ascent from $15,000 to $16,000 today. It is now moving sideways in what appears to be consolidation before a further breakout to the upside. If it does, this could well be a move beyond the near $20,000 all time high that was achieved mid-December 2017.
While the signs appear bullish, things are still in the balance until a definitive move either way occurs. It's looking good though, and my hunch is that Bitcoin is about to launch into its first mind blowing move of 2018.
Bitcoin to the Moon is a blog dedicated to following the original cryptocurrency on a journey to its ultimate destination.
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