Market panic subside, Bitcoin Recovery penetrate 4000 USD

 Bitcoin prices climbed again on the trading session on Monday (18/9) as its growing market panic subsided after the shock of trading activity kriptocurrency China last week. Bitcoin market close by the Chinese Government raises gelojak, consequently Bitcoin could be under $ 3,000 which is the lowest level this month. 

 

But after a couple of days later, the price of Bitcoin continues to strengthen to trade through the level of $ 4,000 where the back gaining more than 33 percent within the last 3 days. Similar conditions also experienced by alternative crypto currencies such as Ethereum and other recorded a significant increase.

Bitcoin sharp price recovery due to Sell Saturated conditions, as more and eased its market panic that saw "ban" kriptocurrency trading activity in China will not greatly affect the Global Bitcoin trading activity.

Price Bitcoin which had plunged to touch $ 2,980 to slowly rise to several times passing through a phase of consolidation with a price range between $ 3,500 - $ 3,800 and today has moved above $ 3,900 (low on 5 September) shows that there is a significant trust in the market today.

Analysts from a technical perspective, Bitcoin preparing to rally rose to touch a new record. But bullish Bitcoin still need to test some key resistance levels to continue rising trend. At 21:06 pm, Bitcoin Exchange traded at $ 4,065 or have been recorded daily gain of 10.85 percent.