Bitcoin’s Value Is Surging, Yet Technical Data Highlights Challenges Ahead

Excitement among Bitcoin advocates continues to build as the flagship cryptocurrency has moved past $10,000 and is showing no sign of a significant correction. Not surprisingly, press coverage is increasing as is interest from a wide range of investors. Much of the data surrounding Bitcoin use indicates an overall resurgence in adoption, yet this same data indicates that many of the cryptocurrency’s shortcomings remain.Bitcoin’s price is not the only promising characteristic of the p