Factors Favouring Bitcoin Price Rise in Coming Days

Bitcoin price is likely to rise in coming days, so watch out.
The price of Bitcoin has been relatively stable since the halving, that was the second time in history when the rate at which new Bitcoin are produced was halved.
Speculation seems not to be having its way this time but a natural course in the utility of Bitcoin in different parts of the world which is setting itself in to give the top digital currency the value it is currently experiencing.
A report says a pennant trading pattern commonly used by equity analysts has emerged on the digital currency’s chart – and it suggests that prices are poised to shoot even higher.
Combined with the halving, and the growing media coverage of Bitcoin-related issues by popular mainstream media – most certain that you’ll agree that so much has changed in that regard, below are additional events and trends that will likely improve the uptake in the use and price of Bitcoin in coming days.

This post was published at Coin Telegraph on 2016-07-15.