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Bitcoin (BTC) is Back in Momentum: Is $12K on the Way? | coin❖trellis

Bitcoin (BTC) is Back in Momentum: Is $12K on the Way?

Bitcoin has retaken the $10,000 psychological level after coming under bearish pressure in recent weeks. The spike comes hot on the heels of growing optimism that Facebook’s Libra will make its much-awaited entry into the sector, in the first half of next year. The unveiling of Libra is of great importance as it is poised to fuel mainstream media coverage of cryptocurrencies.

Bitcoin Price Catalysts

The fact that the likes of Visa (NYSE:V), Mastercard (NYSE:MA), PayPal (NASDAQ:PYPL), and Uber (NYSE:UBER) have already invested in becoming members of the Libra Association all but raises the prospects of …

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