2018-7-29 16:21 |
This is a good sign that current support stands strong, and bitcoin is not dropping any lower.
Either way, bitcoin is slated to stay between $ 8,000 and $ 8,250 in the short-term.
Overall, bitcoin has shown great power over the last week, surprising many with its sudden and unpredicted jump from $ 5,800 to about $ 8,200.
The crypto market has expanded by roughly $ 3 billion over the past 24 hours, and about one-third of that can be attributed to bitcoin.
One source suggests bitcoin’s price fell below $ 8,000 yesterday when the bitcoin ETF application submitted by the Winklevoss Twins of the “Social Network” fame was rejected.
Similar to Notcoin - Blum - Airdrops In 2024