To be Bitcoin rate: 5 reasons to be bullish

the Today, we will put us the horns. The price of Bitcoin is slowly coming out of the basement, the ground seems to be reached. Therefore, we are looking for (and we can find you with ease!) five reasons why you should, at the current Bitcoin price and still bullish.

By Phillip Horch
4. May 2019BTC$5.723,00 -0.84%part Facebook Twitter LinkedIn xing mail

this Is the famous light at the end of the tunnel? We have survived the bear market? Will rise the price of Bitcoin is finally back in the long term? Here they are: 5 reasons to be bullish.

Disclaimer: The following lines do not constitute Investment advice, neither the author nor BTC-ECHO be liable for any information provided. After only recent developments, and provide reasons why we should with respect to the current Bitcoin rate quietly bullish. A Lot Of Fun!

1. The machines are coming!

Admittedly, The last word is not spoken in this matter. However, several pioneers have set up in the past week, Bitcoin ATMs. Now you can buy in Berlin, Hamburg and Essen, the crypto-currency from the vending machine. The Best thing about it: they work! If, in so strictly regulated in Germany no reason to be bullish?

2. Yes, this is already in the ground?

at Least a long-term perspective, has performed the price of Bitcoin from the technical point of quite well. He bounced, as in the bear market of 2015 on the average of the last 200 weeks, such as we analyzed here in detail. 28. April, we were able to confirm it: The famous Golden cross was formed. In short: The soil is reached. Everything else (even bearish variants) in the article. However, we remain bullish.

3. Even Facebook is pushing into the Bitcoin Ecosystem

Admittedly, at First, the plans of Facebook to push into the Bitcoin Ecosystem, rather worrying. A key, global Player wants to build a payment network and, in addition, a Stable Coin? To join in the crypto-Community?

on the Other hand, A large, global Player, wants to muscle into the Bitcoin Ecosystem does not mean that Mark Zuckerberg cares about his Empire? And properly: That is to say that Facebook and co. can't deny it any longer, that crypto-currencies make their way into society. One more reason to be bullish.

4. Bitcoin-Boom in the USA

As we learn from a recent survey from the house of Blockchain Capital, has Bitcoin in the "Land of the free" is a surprisingly good Standing, and in spite of Trump and SEC. Especially the young US-Americans believe in crypto-currencies, almost half believe the Under-34-Year-olds that "it is likely that most people will use in the next ten years of Bitcoin." Well, then, we believe the but also. (Even if you should not believe everything you read on the Internet).

5. From the ground to the all-time high of 2019

On Friday, may 3. In may, exceeded the price of Bitcoin for the first Time in the year 2019, the 5.700-US-Dollar-brand. This means that the price of the best-known crypto-currency of all time, his peak reached in 2019, the all-time high this year cracked. Air up is all.

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