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Learning & News => News related to Crypto => Topic started by: newshunter on October 06, 2021, 01:03:07 AM

Title: These 3 indicators flashed bullish ahead of the recent Bitcoin price pump
Post by: newshunter on October 06, 2021, 01:03:07 AM
These 3 indicators flashed bullish ahead of the recent Bitcoin price pump

Correlation does not imply causation, but these three indicators did signal prior to Bitcoin’s recent push to $49,000.


Source: These 3 indicators flashed bullish ahead of the recent Bitcoin price pump (https://cointelegraph.com/news/these-3-indicators-flashed-bullish-ahead-of-the-recent-bitcoin-price-pump)

Would appreciate your opinion about this
Title: Re: These 3 indicators flashed bullish ahead of the recent Bitcoin price pump
Post by: Alcor on October 06, 2021, 09:46:04 PM
Well, the expectations turned out to be correct. Bitcoin is now valued at $ 54,728. Altcoins are showing modest daily gains so far, although they are pretty decent over the week. It seems that the fourth quarter is making itself felt, usually in this quarter there is traditionally a good growth of the cryptocurrency. Therefore, it looks like this is just the beginning. I hope that this year will end as it began, with the same high rates of price growth.