The price of bitcoin has gone up to 5 thousand dollars in some months, but it is a very short transition, so the increase of more than 10% is "perpetual" for the first time.
Bitcoin clearly exceeded the value of $5500 after the fluctuation that occurred during the day and reached to $5840 during the day. A daily chart of bitcoin, worth $5,567, was as follows.
As a result, although we can not say the exact cause of this rise, we can say that all of these possibilities are effective in this uptrend, and at this rate, Bitkon price will continue to fluctuate in both directions
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Bitcoin clearly exceeded the value of $5500 after the fluctuation that occurred during the day and reached to $5840 during the day. A daily chart of bitcoin, worth $5,567, was as follows.
Why did bitcoin go up and down?
One of the reasons for the upsurge may be that the interest in the bitcoine is starting to increase on an institutional basis and organizations such as CNBC are preparing publications on this issue almost every day.As a result, although we can not say the exact cause of this rise, we can say that all of these possibilities are effective in this uptrend, and at this rate, Bitkon price will continue to fluctuate in both directions
If you like this article, then please comments below.
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