Bitcoin broke above the $5,500 mark on 23rd April 2019. The bullish run since the beginning of the month was laid with Fear, Uncertainty, and Doubt (FUD). Various traders marked it is as the ‘no trade zone.’ However, Bitcoin has broken above an ascending triangle is formed on the daily chart after the bull run.
Tone Vays, one of the most prominent Bitcoin traders and analyst recently conducted a long 5-Hour debate session, where leading analyst and traders of the space lent their voice. The topic of the debate was ‘Has Bitcoin Bottomed?‘ The section of debaters for the motion included Murad Mahmudov, Willy Woo, and David Puell, who noted
Bitcoin is currently trading at $3,618 with 24-hours loss of 0.16 percent. Meanwhile, the flagship cryptocurrency is managing the daily trading volume of $6 billion. In the past 7 days, the Bitcoin price has been trading between the range of $3,690 and $3,610. Bitcoin price 7-days chart, Source: Coinmarketcap In the short-term, some Bitcoin analysts
Bitcoin volatility is going lower, keeping the prices flat. However, looks like the winter is going to get extended while Trace Mayer shares different scenarios if the price moves with its usual daily increase. Bitcoin price to drop further? September started on a positive note as Bitcoin prices went from $7,035 to $7,400 in less