Within the last week, bitcoin has seen strong upward price movement, rising by 19 percent.
Much of that increase was within the last hour, with a massive amount of purchasing activity pushing the price of BTC from $4,190 to $5,000 on Coinbase Pro, a 19 percent jump.
Within the last hour, several large green candles have pushed the price of bitcoin from $4,190 to $5,000.
The source of the large purchases is unknown, though it is likely from one, or several, whales-spurring the rest of the market into action.
In combination with strong upward price movement, there are a growing number of people within Crypto Twitter that believe the indicators suggest the bear market could be coming to an end.
How can you possibly be bearish$btc $btcusd #bitcoin pic.
With something as volatile, new, and unpredictable as bitcoin, it's likely impossible to know whether the bullish trend will continue-but many are optimistic.
Update: Prices changed to reflect more recent price movement.
Huge green candle pushes bitcoin from $4200 to $5000 in minutes, BTC up 15% over past 24 hours
pubblicato su Apr 2, 2019
by Cryptoslate | pubblicato su Coinage
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