From Ibtimes.com…..
Even when Bitcoin’s current price behavior is turning many traders into bears, Bill Barhydt, the CEO of payments and mobile cryptocurrency wallet Abra, said he is more bullish about the benchmark cryptocurrency primarily because of technical and macro factors.
“I’ve never been this excited about the potential of #Bitcoin for significant price appreciation in the short term (less than 18 month time frame.),” he tweeted on Tuesday.
In a series of tweets, Barhydt first spoke about technical indicators that make Bitcoin a perfect hedge against inflation.
