danielcawrey

The Cryptocurrency Markets are Finally Heating up in July

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Just one week ago, bitcoin’s price hit an intraday high of $9,568 in a low volume environment. This week’s action, fueled by increased exchange volumes, has traders excited a long-term bull market may be back. As much as $446 million in trades were done on Coinbase Monday. 

“The market has clearly jumped to a bullish stance,” said Vishal Shah, and options trader and founder of derivatives exchange Alpha5. “Volatility is higher and we're now looking at the previous resistance of $10,550 as our new support region."

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out