Bitcoin has shot up 50% since the new year, but here's why new lows are probably still ahead
- Written by James Kinsella, PhD Researcher in Finance, University of Bath
To the delight of investors across the cryptosphere, the price of bitcoin (BTC) has rallied over 53% since its low of US$15,476 (£12,519) in November. Now trading around US$23,000, there’s much talk that the bottom has finally been reached for the leading cryptocurrency after a year of painful decline – in...