Finally, there is a pump of demand as far as Bitcoin (BTC) price action goes. Bitcoin is trading above $6,500 and odds are we might see further gains this week after week ending July 8 bullish confirmation and push above $6,000.
In any case, technical formations point higher but what would spur demand are fundamental events so we shall watch out for those too. There is good news and a nice “problem” for Bitcoin legacy network.
That of capacity resulting from too much demand for their blockchain-and that was expected. Of course, being the most valuable network in the globe, Bitcoin draws attention.
Besides, the fact that it is super-secure means people have confidence in it that’s why it is draws an average of 200k transactions a day. That’s on top of those of Lightning Network which despite being on beta still has a capacity of around 40 BTC.
Stephen James is now accepting Bitcoin for the purchase of your new BMW! Contact us today to find out more about how you can use Bitcoin to walk away with a brand new vehicle #bitcoin #bitpay People know Classic Recreations for their “openness” and how they went that extra length to ensure that everyone desirous of a customized car gets one during the extra-ordinary crypto rally of late 2017. Read more from altcointoday.com…
thumbnail courtesy of altcointoday.com