Bitcoin On The Climb Again - Where Next?
Bitcoin has decided to move vertically again and is currently trading at almost $50,450, up nearly 1% on yesterday. We keep witnessing Bitcoin in bullish mood and it looks like it isn't done yet. Many have been speaking about a sustain bull run in the autumn and at this rate Bitcoin might deliver.
However, even if that doesn't materialise the overall crypto scene is looking very healthy right now. Of course go back just four weeks ago and things were very different. Do you remember when the bear was trying to push Bitcoin back under $30k? It even succeeded briefly but thankfully Bitcoin found its feet and pushed back.
For a long period in the spring we saw Bitcoin crash and then stagnate. It fought valiantly for a long time and then finally after all the infiltration and manipulation by the big boys Bitcoin started to rally again. The rally then turned into a bounce and the bounce is now a full fledged moon. If Bitcoin can sustain the $50k position for a while hopefully it can then try for a new record.
These next few weeks will be crucial in determining if Bitcoin holds in the $50k's or makes another push upwards. All of the fundamentals are looking great right now so let's hope Bitcoin has it in it to climb again and break a new record.
The ACOM Team
A C O M
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Honestly, everything is looking very healthy at the moment and it gives me the confidence that we can still go upwards from where we are. As long as Bitcoin can build a new support zone at t he $50k region, I would say a new bull cycle is assured.
Greetings friends of @acom.
I think it is excellent the pace that BTC has taken, right now at $51,135, let's wait how long it will take to achieve its historical high, I think it will achieve it in a short time.
hello dear friends @acom good evening
I appreciate you sharing this information, it is great to see bitcoin start the ascent to break a new record
I wish you all an excellent night
bitcoin is unstopable now, can't predict when its value will be down.
Even though its overall influence becomes less and less, I guess BTC still remains the measure for everything... and I'm certainly glad to see it moving up again. I just hope it can hold $50,000 for a while... $51,800 as I make this comment, so hopeful!
=^..^=
A pesar de todo el Bitcoin a ese precio es bastante, pero si sigue así podemos llegar pronto a un Bitcoin de más de $ 52k.
Saludos equipo