Bitcoin has been out over the last few months, from $ 14,000 to $ 8,500 while Cryptocurrency is priced right now. just a few weeks ago, bitcoin traded as low as $ 7,300.
Touching a low price of $ 7,300 makes many people ask about bitcoin actually entering into a long-term bullish trend, for some reason many say a long-term downward trend is still needed by bitcoin.
Cow Jones analysis recently noted that Ichimku cloud, a "all-in-one" de-factor indicator that shows a long-term trend, has recently printed a very bullish signal: a bullish trend line kumo has formed.
Previous reports, monumental volume surges that were seen all the time, are an upward trend in long upward trends. Digital asset manager, Charles Edwards, noted in twitter, high volumes, new, passing, following, the same, as we see now, then "big action", strong growth volume to the bull market, exponential, long expansion, carrying bitcoin to the order of the previous magnitude.
And for the long-term bitcoin price of around $ 50,000 to $ 100,000 for 2020, see you in the next news ...
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