Bullish on Bitcoin: Glassnode’s Latest Indicators Point to ‘Growing Optimism’
As Bitcoin approaches a decade and a half years of flawless service, it becomes increasingly difficult not to accept its technical stability. Though it may be a technical accomplishment, this strength made Bitcoin different from many centralized systems, which can suffer outages and downtimes. Just last week, the global IT outage sparked by CrowdStrike revealed again how vulnerable centralized financial systems can be across sectors. Related Reading: Don’t Get Shaken Out, Analyst Says Bitcoin And Altcoins Rally Is Just Starting On the contrary, Bitcoin has long functioned unabated and displayed extreme financial strength during growth over longer-term monetary prospects. Banks can be shut down, but Bitcoin never halts. While a global IT outage caused by CrowdStrike hit multiple sectors, exposing the weaknesses of centralized systems, #BTC kept going strong. Its decentralized nature helped it break price resistances as traditional markets… pic.twitter.com/RK7n88WCBR —
As Bitcoin approaches a decade and a half years of flawless service, it becomes increasingly difficult not to accept its technical stability.
Though it may be a technical accomplishment, this strength made Bitcoin different from many centralized systems, which can suffer outages and downtimes.
Just last week, the global IT outage sparked by CrowdStrike revealed again how vulnerable centralized financial systems can be across sectors.
On the contrary, Bitcoin has long functioned unabated and displayed extreme financial strength during growth over longer-term monetary prospects.
Banks can be shut down, but Bitcoin never halts.
While a global IT outage caused by CrowdStrike hit multiple sectors, exposing the weaknesses of centralized systems, #BTC kept going strong. Its decentralized nature helped it break price resistances as traditional markets… pic.twitter.com/RK7n88WCBR
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