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❕NEWS Cryptocurrency market surge by $86 billion as bitcoin reclaim $55,000 Mark.

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Statistics available as shown that the selling pressure of Bitcoin and other Crypto currencies has reduced , this has made the market to surge by $86 billion especially with the rise of bitcoin by 4.8% making it retain $55,000 mark.

In addition Mike McGlone, senior commodity strategist at Bloomberg Intelligence, in his tweet revealed that the momentum with which Crypto currencies are moving this year shows that bitcoin has the tendency to reach $400,000 mark in the next three years.
 
Its because more people are holding the coin instead of selling real fast since they have their target , so this makes the selling price reduce
You know people get to understand the dynamism in the Crypto currency market on daily basis so the panic sales are dropping each time the coin dip.
 
You know people get to understand the dynamism in the Crypto currency market on daily basis so the panic sales are dropping each time the coin dip.
Probably since many traders have learnt a lesson from last trades been done so they are careful before selling. To make more profit
 
I also have bitcoin available now but the moment it reach $100 I will trade it off then hold the funds on Binance if it drops 10% or 8% I will buy again.
 
Presently , I believe people have come to understand the benefit in holdl cryptocurrency for longer term ,and these has in many ways lead to the surge
 
This goes to show that people are not panicking as much where bitcoin is concerned because it has been proved time and time again that the price always comes back up.
Sure na so with this fluctuations one should not hold it for too long rather trade it off when there is a bull run them patiently wait for dip time to buy again..
 
It might attend up to that $400000 mark, but a lot of things need to be done like more country opening up the business chain of crypto and allow there citizen to trade crypto.
 
It might attend up to that $400000 mark, but a lot of things need to be done like more country opening up the business chain of crypto and allow there citizen to trade crypto.
True ,however if the existing investors can be able to buy more and holdl for long , the price will continue to rise without new investors
 
Lets just keep on watching the price of bitcoin , its a good sign that the selling pressure have reduced. A spike in the price would take place soon
 
His prediction is about 3 years so I also believe in it because in the next three years more people will be more aware and also pick Interest in Crypto currencies investments including big companies
 
His prediction is about 3 years so I also believe in it because in the next three years more people will be more aware and also pick Interest in Crypto currencies investments including big companies
Well , I too agree with you on this . Cryptocurrency has been able to stood the taste of time , especially Bitcoin .it grows from strength to strength as days goes by .
 
I like the fact it doesn't grow all the time but once in a while, this shows that it is never a bubble but a commodity worth investing on
I agree. The ups and downs in the value of bitcoin makes it more real to me which may not have been the case if it was consistently rising in price.
 
Statistics available as shown that the selling pressure of Bitcoin and other Crypto currencies has reduced , this has made the market to surge by $86 billion especially with the rise of bitcoin by 4.8% making it retain $55,000 mark.

In addition Mike McGlone, senior commodity strategist at Bloomberg Intelligence, in his tweet revealed that the momentum with which Crypto currencies are moving this year shows that bitcoin has the tendency to reach $400,000 mark in the next three years.
It's a move to be expected, after all, Bitcoin is still in its early stages. And as the market runs bullishly, a correction now necessary once in a while.
 
Statistics available as shown that the selling pressure of Bitcoin and other Crypto currencies has reduced , this has made the market to surge by $86 billion especially with the rise of bitcoin by 4.8% making it retain $55,000 mark.

In addition Mike McGlone, senior commodity strategist at Bloomberg Intelligence, in his tweet revealed that the momentum with which Crypto currencies are moving this year shows that bitcoin has the tendency to reach $400,000 mark in the next three years.
Okay then I'm waiting for all these predictions to come to pass. I know that bitcoin will get to the $100k soon but this prediction will take a long time though
 
Okay then I'm waiting for all these predictions to come to pass. I know that bitcoin will get to the $100k soon but this prediction will take a long time though
Remember that this prediction is not for this year but the next 3 years which is 2024 obviously if the market continued to grow it can definitely reach that amount except it is been regulated.
 

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