I believe congratulations are in order for Bitcoin (BTC) holders. At long last, those buying the cryptocurrency in “winter” conditions have been vindicated. For those who have been living under a digital rock, the past 72 hours have been absolutely monumental for the crypto asset market en-masse. In what can only be described as jaw-dropping, BTC has broken all expectations in the past few days, with its price going vertical in a 2017-esque move. In fact, since last week, Bitcoin has moved from $5,700 to $7,500 — a move of 30%.
Yes you read that right — BTC is now sitting at $7,500, a level not seen in what seems like and almost is one year.