BTCcoinsultant

Bitcoin Markets Are Stabalizing

BITFINEX:BTCUSD   Bitcoin / Dollar
242 2 7
Bitcoin prices are stabilizing after the 2013 bubble. After a year of high volatility and a downtrend, the bitcoin markets are starting to mature with higher trading volume to support current prices.

$279-$280 may be a breakout zone for the next bull cycle. We've had a series of fake breakouts but prices continue to hold strong above $200.

The Wall Street adoption phase of bitcoin started in early 2015 with the announcement of the NYSE investing in Coinbase. Since then NASDAQ partnered with Noble Markets, the Bitcoin Investment Trust has been listed on the OTC             markets, Genesis Trading has launched, Winklevoss ETF is pending and the BitLicense will be released.

Institutional investors will most likely be the catalyst for bitcoin's next bull cycle.
Hi there, great blog. I have enjoyed reading it for some time. However when looking at volume it might be an idea to use an exchange with no margin accounts. Just a suggestion. Please keep up the good work.
Reply
BTCcoinsultant Cryptoelite
Thanks for the feedback, that's an interesting point. I'll look over some of the other exchange charts to for comparisons. Cheers!
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out