Whereas yesterday was a pretty dull day for cryptocurrency trading, things have certainly picked up in spectacular fashion. More specifically, the Bitcoin price is moving upward once again and even surpassed the $4,450 mark. This 2.86% increase is a positive sign, although we are still a long way away from reaching $5,000 or more.
It has to be said, there are hardly any boring days in the world of cryptocurrency. Even when the Bitcoin price goes down, there will always be currencies trying to buck the trend. When the Bitcoin price goes up, however, virtually all other major currencies will thrive as a result.
That is exactly what we are seeing today, with the minor exception of Bitcoin Cash. Then again, BCH has to fight its own battles, as it wants to distinguish itself from Bitcoin itself. To put the current Bitcoin price momentum into perspective, things are looking pretty positive overall.
Bitcoin price gets high. But all of sudden shoots down. I dont want discourge. But an advantage to trade to gain. Trade with caution making your own personal research
Warren Buffet said: "Never test the depth of the river with both feet."