‘Extremely Bullish’ Bitcoin Supercharges Crypto Market to Hit $288 Billion

2019-6-18 15:50

By CCN Markets: In the past week, the valuation of the crypto market has increased from $252 billion to $288 billion by over $36 billion as the bitcoin price climbed to $9,391 on major exchanges like Bitstamp and Coinbase.

According to traders, bitcoin has been “extremely bullish” in recent weeks based on technical indicators and is set to see resistance at $9,500 in the near term. Can crypto market and bitcoin continue to sustain momentum Up until December 2018, the general sentiment around the near to medium term performance of the crypto market was gloomy; investors foresaw a brutal bear

The post ‘Extremely Bullish’ Bitcoin Supercharges Crypto Market to Hit $288 Billion appeared first on CCN Markets

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Источник: ccn.com

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Crypto Market Crash ‘Worse Than Expected’ But Bottom Might Be Near, Says Tom Lee

BitMine’s chairman, Thomas “Tom” Lee, has weighed in on the potential reasons for the recent crypto market’s performance and why he believes the prices may be near the bottom. Related Reading: Is The Bitcoin Bottom In? CMT Reveals What Investors Need To See Now ‘All Pieces In Place’ For Crypto Market Bottom On Monday, BitMine’s chairman and Fundstrat’s CIO, Tom Lee, discussed the recent market crash that has wiped out around 13% of the crypto market’s total value over the past week.

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