Bitcoin, the number one currency of the crypto money market, witnessed a strong price change in the last hour, broke the resistance level in the $3,900 band and managed to rise above $4,000.
Bitcoin, the leading cryptocurrency, in 2019. While it managed to exceed the $4,000 band for the first time, the 5% sudden increase was reflected in the graphics like this; and it caught the biggest increase in the last two weeks.
The locomotive of the crypto money market, which managed to break the psychological resistance in the $ 4,000 band, gave hope to Bitcoin investors after the bear market crisis in November 2018.
However, although the cryptocurrency exceeded the $4,000 band several times in December, it could not stay at this level for long. We will be sharing the next move of Bitcoin with you again.
Bitcoin, the leader of the cryptocurrency market, is trading at $4,081 with a 5.31% value gain as of publication time.
Willy Woo, one of the famous analysts of the cryptocurrency market, claimed that the volume in the cryptocurrency regarding the price trend in Bitcoin was unrealistic and that this volume triggered by the decrease in prices was not enough to start the bull market.
More On the other hand, leading names of the crypto money market such as Novogratz and Lubin stated that they believe the bottom point is seen in Bitcoin and stated that cryptocurrencies are ready for the next bull rally.
We will continue to convey the developments on the subject through this topic.