BITCOIN GO AHEAD IN THIS MONTH RECOVER AROUND $ 13000

This past week marked a few important events. It began with the release of Bitcoin Core 0.16; marked the first instance of a sovereign nation announcing that it would use and accept a cryptocurrency as legal tender; and included the launch of a new accelerator from “China’s eBay,” JD.com, to assist companies that promise to have transformative technology in the blockchain space.

We also examined the appeal of cryptocurrencies to millennials and launched our cover story for the month of March covering the complicated role of patents in the Bitcoin industry and the new Bitcoin Defensive Patent License.

Here are some of the headlines from this past week in the Bitcoin and blockchain space.

1.Bitcoin Core 0.16.0 Is Released: Here’s What’s New
2.Chinese E-Commerce Giant JD.com Launches Blockchain Accelerator
3.New “Sovereign” Cryptocurrency Will Be Legal Tender in the Marshall Islands

and also there some other reason BTC wil gain huge recovery and across with $13000

According to Coinmarketcap, on December 16, 2017, BTC peaked at a high of over $19,500 depending on the exchange purchased at. This is in stark contrast to the price of under $6,000 that was touched briefly on February 6, 2018. Here the cryptocurrency world resides almost one month later to the date and Bitcoin is trading at just over $11,000. Volume happened to be particularly low especially for following the Chinese New Year but this can be attributed to most individuals trading in and out of BTC using USDT. With Bitcoin being almost 100% higher than it was less than a month ago, many investors have their funds sitting on the sideline in USDT (Tether) waiting for another minor dip to purchase more BTC.

Rumors continue to swirl regarding Tether and their legitimacy, and this remains a concern. Tether, which is supposed to not be volatile, may suffer greatly from the U.S. ongoing investigation. If Tether has negative news or the BTC dip does not occur, these investors will be very disappointed that they missed the pump heading into TokenFest, San Francisco. TokenFest is taking place March 15, 2018, and will be one of many catalysts pushing the price of BTC higher in the coming month. Bitcoin should continue its rebound with major events paving the way for its success in March. To determine future success, it is important to analyze the past while looking toward the future.