Bitcoin begins its recovery at the beginning of September.

By derwin25 | Worldinfo | 3 Sep 2019


 

Bitcoin manages to start the month of September on the right foot, thanks to a slight recovery that makes many people think of the ecosystem that we will soon see back to the price of five digits and that the worst is over.

It has started the last month of the third quarter of 2019 and Bitcoin is already beginning to show signs of changing the downward trend that culminated in the month of August after struggling unsuccessfully to not lower the five-figure psychological barrier, its price is currently maintained at $ 10,385.97 according to Coinmarketcap.


The market has shown signs of recovery in its total capitalization with a positive change of + 0.9% reaching a figure of just over 265 billion dollars with a domain of the main crypto asset of 69.6%, which suggests a descent of his domain to accommodate the altcoins season after failing to successfully pass the 70 percent level.


Bitcoin has not had a positive closure in the months of July and August 2019, which negatively assumes the reaction to a short-term improvement, but a possible green candle this month would break that pattern. While Bakkt's publication is good news for BTC, it all depends on the market prices between Bakkt and investors that it presumes in an increase in volume before pulling the trigger.

How do you rate this article?


0

0

derwin25
derwin25

I like to look for new method of passive income.


Worldinfo
Worldinfo

Dedicated to the publication of content referring to the arrival of new technological trends and short stories of original authorship.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.