Paypal – Bitcoin Has Surged. Why Its Rally May Nonetheless Have Legs.

Bitcoin rode one other ferocious bull run into Thanksgiving this previous week, rising 50% over a month, to a brand new 52-week excessive of $19,345 on Tuesday.

That was 2% off its all-time excessive of $19,783 reached in December 2017, quickly after the digital asset had been the speak of many a Thanksgiving desk.

Bitcoin’s newest surge appears totally different, nonetheless….