Do These Market Swings Have You Worried? Do This Instead.

Zero Hedge | 1/7/2018 | Staff
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The new year has been relatively good for the price of bitcoin after a spectacular collapse of the cryptocurrency bubble in 2018. It’s up notably since the middle of December and traded around the psychological level of $4,000... so is this a sign that the crypto market is about to recover?

Of course, it depends on who you ask, but one analyst discovered a pattern which might point to a bottom next month.

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Jason Bond was a broke schoolteacher deep in debt with no hope… Until he discovered THREE simple patterns that would forever change his life. Now he shows others how they can do it. You owe it to yourself to watch exactly how Jason did it right here.

CCN pointed out that this past Monday marked exactly one year since the cryptocurrency bubble popped, leading to a tremendous crash in the bitcoin price throughout 2018.

Data - CoinMarketCap - Market - Capitalization - Cryptocurrencies

Data from CoinMarketCap indicates that the market capitalization of all cryptocurrencies hit $835.7 billion on Jan. 7, 2018, making the cryptocurrency bubble market temporarily worth more than Facebook and Twitter combined. A year later, the crypto market cap is only $136.3 billion — even though the number of cryptocurrencies tracked by CoinMarketCap has increased significantly over the last year.

So exactly why did the bitcoin price surge suddenly? Citing a tweet from Whale Alert, a price tracker for bitcoin, a Forbes contributor traced the sudden movement to the sale of about 2,500 bitcoin for nearly $10 million on the Bitstamp exchange. The huge sale shifted the cryptocurrency’s daily volume over $5 billion. What makes it particularly interesting is that the bitcoin price is so far holding on to the key support level of over $3,500.

Thing - Cryptocurrency - Price - News - Japan

One thing which could be helping support the cryptocurrency bubble and bitcoin price is the news that Japan’s financial regulator is reportedly considering approving...
(Excerpt) Read more at: Zero Hedge
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