Bitcoin is on the rise and 13 thousand dollar band is over, the rise of all crypto money

Bitcoin is on the rise and 13 thousand dollar band is over, all of the crypto money has gone up. Almost all of the crypto money went up as well, along with Bitcoin, which suddenly rose up on Tuesday night.

The price of bitcoin continued to decline steadily from 17 December 2017, when he saw the highest level of history, trading at $ 20,000 on some stock exchanges. But what happened was exactly 1 month later on January 17, 2018, and all crypto-currency bucks passed with Tuesday night's Bitcoin.

On Tuesday, Bitcoin price fell more than 50% on a 1-month chart basis. It lasted 30 days from $ 20 to $ 9,446.

Why is bitcoin rising?
On Tuesday night, suddenly Bitcoin suddenly turned red, especially red, and all the crypto money went up.

The first reason for the upsurge is the same in fact because of falling down 1 month ago. A much faster growth than it should have led to a correction coming with it. With the 1-month correction now coming to the point of resistance, the transition to gold and classical currency, including corporate investors, has stopped and returns have begun.

The markets renewed confidence once China had a small impact on the crypto money markets and the South Korean government rejected the rumors that the crypto money would be banned. But it can be said that the most effective decline and re-rise is the cause of supporting the downward tendency of the whales and causing the diplomats to create the panic air of this action that they made for fishing and to remove the crypto money in the users' hands.

Whatever the outcome, it seems to have taken the field buyout on the 17th-17th of January, which will be a new 50% correction to Bitcoin's history.

Since Tuesday, Bitcoin has risen again and has renewed confidence by trading at $ 13bn on news. If the steady uptrend continues, we can observe the short-term reaching the $ 20bn band. Increasing its market share to 34.6%, Bitcoin's market value has again surpassed $ 218 billion.