Bitcoin staying alive!
Correction after $11k mark
Today we see a small drop in the crypto market after yesterday's rally, just a correction after every new milestone price. Last night Bitcoin reached $11,120 dollars, an spectacular mark, the highest since the January dip. Small corrections are expected but the growth should keep pushing for more.
This is the current snapshot at CoinMarketCap, you will see the general red numbers are less than 5% around the top 10 listed. There might be another rally by the end of the day or with start of the week in the Asian markets.
What do you think? Are the bulls coming? Please share your thoughts in the comments.
Thank you for reading.
Cheers!
The bulls are coming! By March there should be a substantial upward trend by most cryptocurrencies. Thanks for the post.
I believe you are most likely correct. A small dip is normal ie: profit taking, coin changing, etc. after several days of an up tic in the market. I wouldn’t expect to see drastic downward movement in the near future, perhaps just a leveling off of sorts until the Asian markets get active again, after their holidays are over.