One to Grow On
Poet James Thompson of Scotland wrote in 1728, “Come, gentle Spring! Ethereal mildness, come.” One could use the kilt-friendly, Scottish writer’s words to describe the recent price action in bitcoin as well. There has been some pep in bitcoin’s step as of late, although the year did not start out that way.
A challenge of $4,000 in early January had given way to lows by the end of that month, and it felt as though the crypto winter murmurs were growing louder[...]