While it may be premature, many are suggesting that a true reversal is finally taking place. As Bitcoin establishes higher lows, and more and more altcoins are seeing huge appreciations, there seems to be evidence to suggest the bears are being driven out.
Coupled with abundant, positive news recently, it’s possible that the extended red will soon turn green. Last week, Bitcoin (BTC) held support at US$6,600.
More recently, floors were established at $6,700, and days later $6,800. Today, Bitcoin is holding above the $6,900 mark, and is gradually pushing towards a renewed support at $7,000.
This growth has been seen directly following news that the multi-billionaire Rockefeller family plans to invest in cryptocurrency. Controversial globalist billionaire, George Soros, has also announced his plans to invest in crypto.
Far more exciting than Bitcoin is the price movements of altcoins recently. The global cryptocurrency market capitalization has risen from below US$260 billion to above $270 billion in the past day, a growth of about 5%. Read more from altcointoday.com…
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