Bitcoin seems to have found calm waters. Just float. Calm before the storm?
The past few weeks have been extremely exciting for cryptocurrency. Many altcoins, but also Bitcoin in particular, fell sharply in value. It went down by tens of percent.
Last week showed a different picture. An image that Bitcoin is moving in calm waters. The $18,000 bottom outlined earlier does indeed appear to have been the bottom. Since then, Bitcoin has been slowly growing again.
Slowly, because it certainly isn’t going very fast. At the time of writing, the most famous crypto coin in the world is worth $21,300. If you then realize that the coin comes from the 30,000 dollar, there is still a long way to go.
Bitcoin calm waters
Bitcoin has climbed in fits and starts over the past seven days. At the moment, BTC is not at a peak. It was reached on June 21 with a value of USD 21,589 on Coindesk† But as mentioned, the current value of Bitcoin is pretty close.
After such a quiet week, BTC seems to be continuing this course. Slowly but surely back to the $30,000? Or will there be another hard test?
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