Bitcoin Moves Past $34K, Is This a New Bull Run? By CoinQuora

© Reuters. Bitcoin Moves Past $34K, Is This a New Bull Run?
  • seems to be on recovery as it moves past $34K this week.
  • Concerns were high especially since BTC’s recent fall to below $30K levels.
  • BTC seems to be holding its ground in the face of global crackdowns on crypto.

Is the crypto market in recovery mode right now? Seems like it’s already trying to close up wounds inflicted over the past few weeks in major coins prices. That’s right, have you noticed Bitcoin’s price climb up over the past week? This week has seen a rise of almost 10%.

At the time of writing, and we say this with many congratulations to hardcore bitcoiners, Bitcoin has already moved past $34K. Currently, its price stands exactly at $34,571.

Yes, we know, Bitcoin is volatile. Yes, we also know that the last time Bitcoin crashed suddenly, you were hurt. Yes, we realize the dip hit you hard. Yes, yes, yes… But don’t lose hope just yet.

Recent signs in the crypto market are hinting at a bullish future.

Just last wee…

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *