Is Bitcoin Ready to Rally to the Figurative Moon?

Bitcoin is up by almost 55% in the year-to-date period, but that is not the interesting news. The important news is that Bitcoin has pulled off an unexpected rally in the last week, and a recurrent trend in all of the latest bitcoin analysis is that the cryptocurrency might be off to another 2017-like rally to the moon.Q2 2020 hedge fund letters, conferences and moreThe recent rally is unexpected because Bitcoin’s performance has been mostly tepid since the start of the year. For one, the expectations of a safe-haven rally in response to the COVID-19 pandemic failed to materialize. Also, much …

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