Bitcoin Bulls are Back: Why 2019’s Rally is Different Than 2017

July might have been a forgettable month for Bitcoin after six months of steady gains this year, but the cryptocurrency has made a remarkable comeback in August so far.

Bitcoin Near $12K

The rally started at the beginning of the month and has continued as the cryptocurrency seems poised to touch $12,000 per token. While the month of July saw Bitcoin price fluctuating due to a range of extraneous issues starting from criticism of the cryptocurrency by United States President Donald Trump to Facebook’s Libra, August has seen a complete reversal of sorts. According to the …

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