HertzTrader posted: The recent rise in BTC following the outbreak of coronavirus has confirmed belief that BTC is digital gold. There will be a rush to BTC next time there are any economic jitters. I will be buying dips from now on
I strongly agree with you, because in the future era digital money is likely to replace the existing paper money, and many countries are now going digital.
Bitcoin has been very bullish today. The H4 chart shows that the price found its support at 22750 and made a good bullish move. It is having a bearish correction at the moment. The level of 24200 may hold the price as a level of flipped support and push the price towards the North.
BTC is only for investing, and still I don't even know if it's worth buying anymore.. I'm looking into DeFi projects like WEIcrypto and I also think Ethereum has more prominence than BTC. Might be wrong tho, I'm only thinking out loud