Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: ramarajs14 on July 26, 2021, 12:48:03 PM
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For the first time in 6 weeks, Bitcoin hit $39,000. This means BTC went bullish following a recent sell-off. Read more on this article
source: Bitcoin Hit $39,000, Adding $114 Billion to the Crypto Market (https://coinquora.com/bitcoin-hit-39000-adding-114-billion-to-the-crypto-market/)
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Hopefully, this current price rising will continue until next year as I see most of my invested Altcoins are soaring high too. Although it is too early to celebrate but I'm hoping that this will continue as there are a lot of predictions that Bitcoin will hit another ATH again before this year's end. Let's wait and see.
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It is clear that we are seeing a recovery in the market, at least temporarily. To all who believe that this is the beginning of another bull run, I ask you to be patient and cautious. If Bitcoin surpasses $40,000 in a few hours, it is possible that we will soon see it above $45,000, but for that the money should enter the global capitalization much faster and right now it is not being that way. I prefer to wait a few more hours before drawing conclusions.
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I see that Bitcoin has already lost its previous rate of today's price growth and is now returning again to morning positions, being at the price level of $ 38,177. Considering that the end of July is not the best time for a good rise in prices, I think that today we are seeing just a temporary price surge. However, Bitcoin has shown that it is capable of growth and therefore its slow recovery is now quite possible. However, I expect that the market will grow significantly in the fall.
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For the first time in 6 weeks, Bitcoin hit $39,000. This means BTC went bullish following a recent sell-off. Read more on this article
source: Bitcoin Hit $39,000, Adding $114 Billion to the Crypto Market (https://coinquora.com/bitcoin-hit-39000-adding-114-billion-to-the-crypto-market/)
Yes I see, I think Bitcoin has shown good progress at this time..
Hopefully it will continue and will.touch $ 50k soon..
I think almost all Investors enthusiastic and hope the market will grow..
I think the bullish season will happen again.
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A recovery in Bitcoin fundamentals continues unabated.Spot price action is, naturally, the topic on everyone’s radar at present. Appetite for bullishness is palpable.
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As I said in my last post in this thread, it is always preferable to wait several hours before drawing a conclusion, and this time I have not been wrong. The money was not reaching global capitalization fast enough to break above $40,000 and trying to stay above that value. Now the enemy to beat is to exceed $40,000 and not go below $37,000.