Bitcoin Price Resurgence Is a ‘Self-Fulfilling Prophecy’: Analyst

The bitcoin price is surging, and one analysts says the spike is a “self-fulfilling prophecy” – which isn’t necessarily a bad thing. | Source: Shutterstock When the bitcoin price smashed through $11,000 overnight and set its sights firmly on the $12,000 mark, analysts almost uniformly pointed to China’s stunning decision to defy the Trump administration …