Cryptocurrencies: Some Reflections on the Current Market.

Cryptocurrencies: Some Reflections on the Current Market.

By derwin25 | Worldinfo | 13 Jul 2019


These last weeks the crypto market has been immersed in an upward trend, being the positive data that the Bitcoin did not lose at any time the barrier of US $ 10,000.

In addition Bitcoin has established a support in US $ 10,000 that will be very difficult to beat in the short term. It was demonstrated in the last days with the small market corrections of these days.

351665157-2a95da31ef9c87155bd86698563747796c8261911b0c7aaab65b890fe9ab521d.png

The Bullish Trend will continue to be the order of the day, although I think it will remain in the short term and long term. December could be for Bitcoin a month of new annual highs. It gives the feeling that the US $ 20,000 are around the corner again.

A fact that few pay attention to is the number of daily transactions in the Bitcoin Blockchain, which remains above 300,000 in the last month.

My last reflection on the current market, is that every time I see more mature, and not so impulsive with in 2017, where there was a bullish madness that lasted little, since it was only speculation and save who can. Now you can see that there are more professional players in the ecosystem, trying to find the "Right Prices"

 

 


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.