Digital Currency Past Present Future - Bitcoin Ready for Another Ascent & Stellar Doubled its Price
The problem or opportunity (depending on which side of the coin are view this) that institutional investors bring to bitcoin with the launch of bitcoin futures and soon ETFs is that it reduces volatility in its price. Had institutional investors not joined the trading, bitcoin could have gone to the roof at this time.
Unfortunately, institutional investors are still at the crossroad - half of them are bullish and half wants to short bitcoin. Hence, you can see the tag of war in the price graph represented by a triangle.
But the break up or break down is imminent. The channel pointing upwards however, further reinforces the more likely scenario of continuing the upward movement. Breaking the previous $20,000 ATH is just a matter of weeks.
I can't wait to see bitcoin breaching $50,000!!!
On another topic, as a follow up to my previous post RIPPLE run out of AIR but STELLAR is CHARGING, Stellar has more than doubled in less than 3 days!
Good luck everyone and massive profits to all!
Disclosure: This post does not intend to provide investment nor does it represents that the securities or services discussed are suitable for any investor. Investors are advised not to rely on any information contained in the article in the process of making a fully informed investment decision.
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https://www.kucoin.com/#/?r=1y1vy try out Kucoin for alts
Bitcoin make a vital role with steemians, 1st year of first month take the challenge @sandalphon
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nice...to day is Ripple turn to trade..
regards
@azmielbanjary
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I'm holding onto my small amount of bitcoin, and buying more bits of it. Hopefully I'm doing the right thing.
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Good post