Just like the tigers waiting in the tall grass to strike, investors have been steadfastly waiting for an indication from the cryptocurrency market to be given the green light for another move. Now may be that time. Over the last few weeks the price of bitcoin has recovered steadily after falling to lows of nearly $7,000. Since that time, the cryptocurrency has managed to rebound by over 25% and that’s just within the last 45 days.
The importance of this has a lot to do with the original boom that many companies involved with cryptocurrency evidently saw at the end of 2017 and early 2018. Companies like MGT Capital (MGTI), DPW Holdings (DPW), Marathon Patent Group Inc. (MARA), and even Eastman Kodak Company (KODK) have seen price breakouts that were in the thousands of percentage points during the later part of 2017, …View the full post at: Bitcoin’s Recovery Signals A Green Light for Investors …
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