Bitcoin starting the run again?

in btc •  7 years ago 

Looks to be up over 10% in the last 12 hours alone:

Is this more of the oversold bounce or the start of the next rally?

There are potentially some major catalysts ahead in these next few months.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

In spite of more and more detractors, Bitcoin continues its frantic race to new heights. After a week rich in emotions, a new $ 8,100 ATH was reached this Sunday.

The little beast that goes up ...

Between Wednesday and Sunday last week, the price of bitcoin fell sharply from $ 7,700 to under $ 6,000. Since then, we have witnessed a rise that becomes usual. We had been waiting for a while to see the price exceed $ 8,000, and the week proved us right.

So this Sunday, Bitcoin reached a new ATH placed at $ 8,100. This is a gain of more than 30% in 7 days, a common lot for Bitcoin. Its capitalization now exceeds $ 134 billion (for the prospect, it is double the total capitalization of Airbus)