Bitcoin: Will BTC See Further Momentum?
- 5 years ago
Bitcoin: Will BTC See Further Momentum?
Over the past week or so, cryptocurrency has boomed. For some, this came as a shock surge but for others, it was a well overdue growth that was market needed/needs. The valuation of the crypto market has increased from $252 billion to $288 billion by more than $36 billion as the price of Bitcoin climbed towards the $9,400 on some of the biggest exchanges out there such as Coinbase and Bitstamp.
According to traders, Bitcoin has been “extremely bullish” over the past few weeks and based on technical indicators, it is set to see resistance at around nine and a half grand in the short term.
Over the past week or so, cryptocurrency has boomed. For some, this came as a shock surge but for others, it was a well overdue growth that was market needed/needs. The valuation of the crypto market has increased from $252 billion to $288 billion by more than $36 billion as the price of Bitcoin climbed towards the $9,400 on some of the biggest exchanges out there such as Coinbase and Bitstamp.
According to traders, Bitcoin has been “extremely bullish” over the past few weeks and based on technical indicators, it is set to see resistance at around nine and a half grand in the short term.