Small corrections, still good
Getting ready for the weekend
Bitcoin seems to have reach a steady position above the $9k usd, aiming to surpass the $10k mark. After yesterday's rise that took BTC to the higher valuation we have seen this month, today it gets corrected by a few hundred dollars, but still in positive numbers. Weekends are historically a time when radical jumps happen in the crypto market, a time for buyers to pours some money and speculations take a positive trend on the altcoins in general.
I expect for Bitcoin to stay above the $9k and maybe find a better position during the weekend, slowly recover the bullish trend we should see for the second quarter of the year. The 7 day chart gives a good glimpse of the steady growth of BTC.
What do you think? Bulls are coming? Please share your opinion in the comment section.
Thank you for reading.
Cheers!
Will bitcoin or others cryptocurrency replace real money? as more people are going to invest and spend their money for them
maybe as a store of value like gold, i dont see it being used in dayto day like buying a coffee
Thank you for the analysis! I feel that by March the market should return to bullish conditions.
Thank you @three14159
Corrections are needed for a healthy market. in my opinion, BTC could go down to 9k and still be in the positive from a week ago.
great post!
Thanks @darkdrake!
Weekend will be awesome. Most of the Cryptocurrency is back to the trend. Thanks for sharing such a good post
I thought btc hit more during the weekend I know it will retain more than that percentage.
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