Crypto party continues - Reasons why?
steem=$2.78 bitcoin=$8075.97
It looks like cryptos are still up. They might be losing momentum it's hard to tell.
Possible reasons for the rally.
Tax time, there was a narrowing of the price range so some short sellers may have left and some short sellers may have got on the wrong side of the trade also I think some positive analysis by @haejin may have helped. Also there are probably always some day and swing traders ready to jump in when the time is right.
Fri 4-13
#king
I was a little bit scared this morning to open my portfolio. Afraid that it would be red again. But to my surprise it is still green!
I don't know what the reason is, there could be many! But I don't care why it does go up, as long as it does go up!
Edit: forgot to mention that I would appreciate some feedback on my latest post. I am normally not the person to ask these kinds of this. But I do feel that is utmost important. Feel free to take a look, no strings attached. I will still follow you, upvote your post and comment you!
Thank you for the upvote.
Right now I am short term cautiously bullish. I think it's important to have some understanding of the crypto world. I think it needs more and better traders and more price stability and not just hodlers that help increase volatility and instability.
I left you some feedback.
Thx!
I do agree that volatility is one of the biggest problems of the usage of cryptocurrency. So, yes it would calm down a little, but only after I do have a complete green portfolio!
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