In the past seven days Bitcoin has surged from $9,000 on June 18 to over $11,300 June 25 and climbing. Has Bitcoin reached no stable support? That’s a 20% gain in 7 days!
Will it continue? Some speculate that it could be on track to see new highs over $20,000. Is Bitcoin an investment or a currency? It is a little of both. With Facebook getting into the crypto space is what appears to have boosted Bitcoin, other crypto has not benefited as much as Bitcoin, with renewed interest it will be interesting to see what the coming weeks brings.