The stars are lining up for bitcoin – make sure you own some

With recent endorsement by the likes of Paypal and Twitter’s Jack Dorsey, cryptocurrency bitcoin is getting increasingly mainstream. And with the price trend strongly upwards, you need to make sure you don’t miss out, says Dominic Frisby.

Bitcoin
Bitcoin: rising in a “golden alignment”
(Image credit: © Chesnot/Getty Images)

I call it “golden alignment”. It’s when the short-, medium- and long-term moving averages are all in perfect alignment. The result is a perfectly-formed trend.

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Dominic Frisby

Dominic Frisby (“mercurially witty” – the Spectator) is as far as we know the world’s only financial writer and comedian. He is the author of the popular newsletter the Flying Frisby and is MoneyWeek’s main commentator on gold, commodities, currencies and cryptocurrencies. He has also taken several of his shows to the Edinburgh Festival Fringe.

His books are Daylight Robbery - How Tax Changed our Past and Will Shape our Future; Bitcoin: the Future of Money? and Life After the State - Why We Don't Need Government

Dominic was educated at St Paul's School, Manchester University and the Webber-Douglas Academy Of Dramatic Art. You can follow him on X @dominicfrisby