There isn't much to be said here given the very familiar yet healthy performance of Bitcoin price movement here recently. This also serves as proof that this bull market is totally different from the FOMO induced surge of 2017. No, currently the market is to me, much more stable, more reliable and truly holding up to bitcoins ultimate use case. For the most part...
So, its not much of a secret that bitcoin has been a short trader's dream ever since the expected correction,which made the recent increase in volume a very welcomed element to the price predictions of the future. I for one have remained bullish on BTC from the beginning of the bullish trend, mainly because of its movement aligning with the current parabolic...
My initial price prediction was for the bitcoin to ultimately test support at a much lower price but im not mad at this one bit. today was full of very bullish signals and possibly could signal the end of the anticipated correction and another steady rally to new all time highs for 2019 so far. I don't want to get too excited but as stated in my previous...
According to the price movements from yesterday as well as the recent days before i began to notice bitcoin correcting at a steady pace and that the $10.3k range would be a defining factor as to how deep that correction would be. I continued to monitor this because i was certain of it breaking through the support . low and behold it did down to around $9.k area....
we are above current support. testing this year's most recent high very likely within the next few days maybe? looks like it to me