Bitcoin starting the run again?

in #btc7 years ago

Looks to be up over 10% in the last 12 hours alone:

Is this more of the oversold bounce or the start of the next rally?

There are potentially some major catalysts ahead in these next few months.

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In spite of more and more detractors, Bitcoin continues its frantic race to new heights. After a week rich in emotions, a new $ 8,100 ATH was reached this Sunday.

The little beast that goes up ...

Between Wednesday and Sunday last week, the price of bitcoin fell sharply from $ 7,700 to under $ 6,000. Since then, we have witnessed a rise that becomes usual. We had been waiting for a while to see the price exceed $ 8,000, and the week proved us right.

So this Sunday, Bitcoin reached a new ATH placed at $ 8,100. This is a gain of more than 30% in 7 days, a common lot for Bitcoin. Its capitalization now exceeds $ 134 billion (for the prospect, it is double the total capitalization of Airbus)