Bitcoin is back on track: price catalysts to watch out for Brian Kelly

Brian Kelly's talk on CNBC is back with new updates and strategies on Bitcoin [BTC]. Kelly has mainly mentioned the upcoming cryptocurrency catalysts that investors should look for.

• He mentions the tax season is over and so we can now expect the coin to regain its momentum soon.
• The number of transactions is starting to increase, which is the fundamental support all investors need.

He says that investors need cash to continue with their investments. He referred to a logbook that showed data from June 2017 to today and states that the sudden increase in Bitcoin is a very positive sign and according to recent statistics the chances of having an increased value are very high.

Brian Mello, a fan of cryptocurrency says:

"Clueless. This is an oversold rebound, but not a break of new highs. "

One Twitterati commented:

"Hahaha is so funny, it's like this whole cryptic thing turns into a very big reality show, I've never felt so amazed"

Martin Harley, a Bitcoin investor, says:

"He literally shot a moon at the end"

Bitcoin at the time of printing was trading at $ 8,499.34 with a market capitalization of $ 144.39 billion at 12:00 UTC. In a previous conference with CNBC, Brian claimed that Bitcoin is a revolutionary technology that is still in its infancy.

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Laira is a full-time writer at AMBCrypto. She is a degree in Computer Science and has about 1 year of writing experience. His enthusiasm and his keen interest in the development of his knowledge on blockchain and cryptocurrency have led her to become part of AMBCrypto. At the moment it has no value in cryptocurrency or in its projects.