Bitcoin (BTC20) Enters The Billion Level, Already Over $100 Million Market Cap
Bitcoin (BTC20) was the world's first cryptocurrency to reach a trillion dollar market cap and the price of Bitcoin exceeded $10,000. The cryptocurrency has been trading at around $10,000 for the past few days and this is a sign that its price will continue to rise.
Bitcoin has grown its market cap to over $110 billion and it has also surpassed the market cap of Ethereum. Just last month, Bitcoin broke the $100 billion market cap and now it has taken it a step further by reaching a market cap of over $110 billion.
Bitcoin investors are excited about this development as they believe that the price of BTC will continue to rise over time due to its strong fundamentals. Some investors are also worried about Bitcoin as it has recently seen increased volatility, which could lead some investors to sell their holdings or even withdraw their funds exchange account.
However, some believe that these fluctuations will not affect Bitcoin's growth trajectory over time, as most investors already know how volatile cryptocurrencies are and they can easily easily manage these fluctuations by locking in profits or by selling losses in their portfolio. when the price falls below a certain threshold.
Bitcoin price is inching closer to yet another historic milestone. This time, it could mean the cryptocurrency reaches the 3W top — a 1,000-day mark that's held by Bitcoin Cash and BCH (Bitcoin SV)....
Thank you, friend!
I'm @steem.history, who is steem witness.
Thank you for witnessvoting for me.
please click it!
(Go to https://steemit.com/~witnesses and type fbslo at the bottom of the page)
The weight is reduced because of the lack of Voting Power. If you vote for me as a witness, you can get my little vote.
While net positions remained largely unchanged over the past weekend, volatility was generally buttoned up as trading activity chilled by comparison to recent weeks.
What was going to happen if Bitcoin (BTC) kept compressing above the 20-period MA on higher timeframes? And what would happen if it broke back into a new ascending trend from here?
Bitcoin price is inching closer to yet another historic milestone. This time, it could mean the cryptocurrency reaches the 3W top — a 1,000-day mark that's held by Bitcoin Cash and BCH (Bitcoin SV)....
The weekend began with little movement in Bitcoin markets, which remained stuck near $29,500.
While net positions remained largely unchanged over the past weekend, volatility was generally buttoned up as trading activity chilled by comparison to recent weeks.
What was going to happen if Bitcoin (BTC) kept compressing above the 20-period MA on higher timeframes? And what would happen if it broke back into a new ascending trend from here?
The weekend began with little movement in Bitcoin markets, which remained stuck near $29,500.
An upcoming power move by Bitcoin bears isn't enough to derail this MASSIVE price surge — and recent history tells us it's coming.