Another bubble in bitcoin for traders to short

This surge in the bitcoin price seems no more likely to endure than the last one, says Matthew Partridge.

Early this year investors thought that bitcoin, the digital currency, was on life support. After peaking at $20,000 at the end of 2017, bitcoin had slumped to $4,000 by April 2019. However, since then it has tripled to $12,800. So is this the start of a longer, more sustained rally, or is this another bubble that is just going to end up as badly for bitcoin investors as the first...
source: Money Week

2019-07-16 18:26
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