All cryptocurrencies turned green once again this morning, confirming that the markets are in recovery.. This is a positive sign for all major cryptocurrencies like Bitcoin, Ethereum and Litecoin.. At this pace, it will take some time for the Bitcoin price to surpass $4,500 once again.. All signs are favorable at the moment, but there is still a sense of uncertainty in the markets.
Bitcoin’s positive price trend continues until noon
It can be said that yesterday’s positive Bitcoin price momentum could turn into negative market pressure as quickly as possible. In the past few days, a small bullish trend has been seen in each of the traders in Asia in the short term. However, with two consecutive days of increasing momentum, the downtrend seems to have been broken for now. However, it does not mean that the Bitcoin price will not fall further in the coming weeks.
Bitcoin price has returned to the $4,325 level again during the day. This is a nice improvement considering the Bitcoin price was around $4,000 just a few days ago.. Although the price volatility in the cryptocurrency market has been in a safer situation since the beginning of 2017, the fluctuations have increased again in the last weeks.
Bitcoin saw $4,300 on coinmarketcap during the day.
Bitcoin price returned to downward momentum in the afternoon
Many Cryptocurrency media outlets wrote that the industry, which was affected by the negative news from China, started to recover from this effect and that Bitcoin also started a new rise.. However, in the evening, Bitcoin started to decline again and regressed to the $4,000 band. He thinks that then the markets will start to rise again. It is not difficult to foresee.
It is very difficult to predict the duration of these figures alone…,
Sinan Dündogan
Krypto Para Haber / Founder
Disclaimer: The information in the article is for informational purposes only.. It does not constitute any investment advice.. The author and hostagons.com/ are not responsible for your profit or loss arising from the investments you make.. Investment ultimately relies on many foundations such as knowledge, experience, research and personal decisions.