Since last week's new ATH Bitcoin has been contemplating its next move. It reached an epic $93,409 last Wednesday breaking all previous price records, it was a wonderful moment. I must admit I thought at that stage it could have gone on to reach the $100k mark within a few days but I got too excited. We've all done that, right?
Since then Bitcoin pulled back and has been hovering around the $90k point ever since. But what is she up to right now and in what direction might we expect her to move in? Well in the past few days it seems the Bitcoin momentum is gathering pace again and is attempting to retest the $93k ATH. There is no doubt that that the recent vertical movements we have witnessed from Bitcoin is a great sign and all the indicators for a continued uptrend are in place.
Right now Bitcoin is around the $92,500. It looks like it might be starting to attempt another push to smash through its previous ATH.
(Graph: CoinMarketCap.com)
As you can see from the graph Bitcoin energy continues and things are still moving in the right direction. Want further proof things are looking rosy in the cryptosphere? Well take a look at the CoinMarketCap Bitcoin sentiment measure and you will see that bullish sentiment is up again at 79%.
That bullish sentiment figure is very encouraging indeed. Come on Bitcoin you've done great so far but why don't you pull out all the stops and really impress us by hitting $100,000. Now that would be something.
Peace!
If we reach ATH again today it will be a repeat of last week's show.
Every week a new ATH to talk about.. lol
Lol! I knew there was going to be something special about the Crypto & Cola Show! Yes there will be plenty of excitement to talk about again if she can do it.
And do you know what? She's giving it her best.
Tip reward: 0.1 Hive
She did it.
That's awesome to see and about an hour ago it hit another new ATH of $94,809. It keeps testing that $95k mark but hasn't smashed through it yet. I wonder if my show can sort that out!
Hah yeah soon that psychological barrier of 100k will be kicking in as well.. may test that a few times before passing over.