Saturday, August 24, 2024

Today's News Pick:#BTC matters arising


When #Bitcoin started its wild ride upwards in September 2023, not many were expecting the eventual 196% #gain, equivalent to $49,000 in the space of around 180 days. This was a huge surge, only interrupted by one short correction of 21%.

Such a massive movement would need a long period of consolidation in order for the market to absorb it. 24 weeks after reaching the all-time high at $73,800, certain indicators are signalling that this could be the time that $BTC rises out of its current boring sideways and downwards price movement, and starts on the next stage of the bull #market.

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