WTF Just Happened With Bitcoin? 20% Up In 1 Hour!

in #bitcoin7 years ago

It was a bullish sign, and not even too small.
Still, you shouldn't get too excited now.
The two BIG bullish mile stones are still 9k and 12k.
If we get above that, I believe that timely all-time highs are almost guaranteed.


Source video

I think no one really knows if it is over. One wale massively buying is not a proof. Perhaps a small indicator. Some "alts" have also gone for a little ride in the last days. Still no proof, and could be manipulation. But perhaps confidense is about to build up in the market. We only know in the future, then we can look back and be sure when the bottom was reached. For me it feels like 50/50 %. I cannot even make a guess right now.

Sort:  

botcoin prix 14/04/2018 btc invst

Although it is hard to tell exactly what is going on, it is definitely a good sign in my opinion. Any major movement in the market gets people watching and investing. This might me what it takes to get a greater move in the market, but like you said it is hard to tell.
I believe it is a good sign.
Thank you for sharng and keep on steemin!

The main reason for this is that the Arab states have declared that bitcoin halal
And this has encouraged the entry of large capital to the market

Coin Marketplace

STEEM 0.19
TRX 0.18
JST 0.031
BTC 88711.71
ETH 3154.74
USDT 1.00
SBD 2.86