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Bitcoin Settles at $8,000 As 40 Bull Days Wipe Out 235 Bear Days

Bitcoin’s relentless surge in the past few weeks finally showed some signs of letting up today during Asian trading hours, settling right now to around USD 8,000 (6.45am UTC) after breaking bold heights at above USD 8,350 less than 24 hours earlier (Coindesk).


Even without positive industry headlines or hype-driven investments pouring in, bullish Bitcoin trader Galaxy points to strong fundamentals driving this rally, noting that “235 days of bear market has already been erased in the last 40 days of bull”.


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