What is about BTC's current situation?
Bitcoin (BTC) is trading down marginally at the price of $4,245, which is a stable indicator after yesterday’s (29th Nov) price pump that made an increase of more than 10%. Currently, Bitcoin is trading up nearly 20% from its recently set 2018 lows of $3,600.
Its recent price action seems to have confirmed $3,600 as at least a temporary bottom.
Most likely this current ease rally will carry the price back above $5k over the next week or two. The next day the price hopefully will stay stably in the range of $4300-4500.
Bitcoin (BTC) is trading down marginally at the price of $4,245, which is a stable indicator after yesterday’s (29th Nov) price pump that made an increase of more than 10%. Currently, Bitcoin is trading up nearly 20% from its recently set 2018 lows of $3,600.
Its recent price action seems to have confirmed $3,600 as at least a temporary bottom.
Most likely this current ease rally will carry the price back above $5k over the next week or two. The next day the price hopefully will stay stably in the range of $4300-4500.