After quickly moving from 18k to 19k, Bitcoin made a run towards $20,000. When closing in on the major milestone, it met resistance and fell to just above $18,000.
Bitcoin has since made a $500 recovery. This is a good sign, especially if it can continue to build, or even move sideways, in preparation for another push towards all time highs. This would be consistent with previous pullbacks that have occurred during the 2017 bull run. It is a time to remain calm and see what the market does.
Further updates will be posted as they come to hand.
Bitcoin to the Moon is a blog dedicated to following the original cryptocurrency on a journey to its ultimate destination.
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