Not exact matches
After breaking through the important $ 10,000 threshold on Thursday, Feb. 15,
bitcoin has continued its
upward momentum.
Difficult to say, but my anticipation is that the short sellers are unlikely to jump in to sell
bitcoin futures aggressively, especially since
bitcoin is backed by a strong
upward momentum.
«Tax Day» in the U.S. is today, April 17, and a number of analysts are bullish on
Bitcoin as the much - anticipated tax deadline should trigger the next
upward momentum.
Many investors have likely started to invest in the
bitcoin market out of FOMO, or fear of missing out, given that it has sustained its
upward momentum throughout the past few days.
While it appeared that
Bitcoin had regained its historic
upward momentum following Thursday's $ 500 drop, Friday proved even more turbulent as prices dived $ 600 from $ 2.5 k towards $ 1.9 k.
The celebration is in full swing as
Bitcoin continues its
upward momentum, reaching a new all - time high as it smashes through the $ 13,000 mark.
In other words,
bitcoin's
upward momentum — even the price more than doubling within 90 days — may be a kind of self - fulfilling pipe dream.
Difficult to say, but my anticipation is that the short sellers are unlikely to jump in to sell
bitcoin futures aggressively, especially since
bitcoin is backed by a strong
upward momentum.
Within a period of three days,
bitcoin experienced two minor corrections, pulling back the
upward momentum and strong rally it had maintained for a few weeks.
As
bitcoin's price rose steadily throughout the year, the
upward pace gained
momentum in the fourth quarter, with the price nearly reaching $ 20,000 in mid-December.
While these claims could be true, but it is more likely that the support for
Bitcoin's mid-term growth is allowing the market to sustain an
upward momentum.
Despite the upcoming hard fork,
Bitcoin price is continuing an
upward momentum and most of the volumes are coming from major markets such as Japan and the US.
The price of
Bitcoin has already surpassed $ 8000 mark and is building
upward momentum to achieve new highs.
CME's integration of
bitcoin and launch of a
bitcoin futures exchange will provide immediately liquidity and a regulated channel for high profile traders to invest in
bitcoin, which would allow the
bitcoin price to gain
upward momentum and lead a new rally.
Based on the current
upward momentum, it is possible that the same trend will apply and
bitcoin price will hit a new all - time high in the upcoming weeks.
In the upcoming months, if more retail traders engage in the
bitcoin exchange market as billionaire hedge fund legend Mike Novogratz has emphasized earlier this year, it will inevitably lead to the
bitcoin price surging to new highs and building
upward momentum.
Several prominent financial analysts including Max Keiser have hinted this week that it is highly likely for the price to achieve $ 10,000 by the end of 2017, given its current
upward momentum and the market's absolute confidence over the mid-term performance of
bitcoin.
As CCN noted in the past, because the market tends to follow the trend of
bitcoin in terms of massive volatility, over the past 24 hours, most cryptocurrencies have followed
bitcoin's
upward momentum.
Many analysts believed that a major correction is due, given that the
Bitcoin price has sustained
upward momentum across various rallies without large sell - offs.
Bitcoin price started an
upward trend today and continued the
momentum till it crossed $ 4600 mark.
Many investors have likely started to invest in the
bitcoin market out of FOMO, or fear of missing out, given that it has sustained its
upward momentum throughout the past few days.
Bitcoin values have resumed their
upward momentum after a DDoS attack on Japanese exchange Mt. Gox and depository hack at Instawallet briefly stalled the digital currency's climb on Wednesday.
This morning,
Bitcoin price edged slightly higher, continuing its
upward momentum from yesterday and approaching the pivotal $ 7,500 mark.
Continuing its
upward momentum from earlier this week,
Bitcoin finally managed to scramble its way past the $ 9,000 point.
«Mainstream adoption, institutional flow with the creation of futures and derivatives from the CME and other hedge funds, more statement and regulation from governments and regulators, acceptance of
Bitcoin payments from significant corporations (PwC...), the ICO flow is constant and maintains an
upward momentum.»