Bitcoin impressive run to record highs of $ 16,000 will face its biggest test in the coming weeks as exchanges...
Not exact matches
But, then again, Ethereum «s
run last fall was far less
impressive than
Bitcoin «s or Ripple «s. So, the technical picture has to be attenuated for that.
Bitcoin itself hasn't been all that
impressive simply because it is still, from a medium - term perspective, in dead - cat - bounce territory,
running into strong resistance at the 23.6 % Fibonacci level on the weekly chart.
With
Bitcoin and other cryptocurrencies recently exploding into the mainstream consciousness following an
impressive run - up in the closing months of 2017, insurance companies are clamoring to lead the charge in insuring a largely uninsured market — and are willing to bet big on the unregulated market's future growth.
It was the result of an
impressive bull
run:
bitcoin's exchange rate wasn't even at $ 1,000 when the year started.
The report also comes at a time when the price of
Bitcoin has seen a sharp correction, following an
impressive run - up and subsequent worries of strict regulation in South Korea and India.