Bitcoin Prices Soar in May: Analyzing the Market's Second Best Month of 2016
With the price of bitcoin appreciating nearly 20% in May and breaking past $500 for the first time since 2014, it's safe to say the digital currency is once again back in the mainstream spotlight as an investment opportunity.
However, what may be most notable is that the gains took place amid strong overall sentiment. Data reveals the gains coincided with high long-short ratios and other indicators that sentiment is turning strongly bullish as we enter the summer months.
http://www.coindesk.com/bitcoin-price-20-percent-biggest-monthly-gain/
