๐๐ Finally Bitcoin Makes it to $4,000 Again: Ethereum Litecoin Going for Major Marks! ๐๐๐
It is obvious by the whole crypto-community that the news are now in major control of the price development and they are hitting Bitcoin one by one tanking its price against the US Dollar massively.
However, on its second run after retesting supports around $3,500 as it was recovering from the spiking decline to $2,988 โ BTC/USD on Sep 18 step by step cleared the most important resistance for now $3,800, successfully closed above and formed a stable trading ground.
This opened doors for more gains as it aimed the important psychological level of $4,000 while it is trading at around $4009.04 with a significant 10.17% gain on the last 24-hours and a market cap returning to $66 billion โ According to Coinmarketcap.
From the fear and strategic movement โ traders have been moving to South Korea and Japan which do benefits on their regulations more efficiently than China both parties โ Exhange platform and User/Trader.
Litecoin is hovering above the $50.00 level which is a good sign as supports are with-holding against the resistances as the pair approaches the important $60 mark which clearly opens gates for more gain. For the moment it is trading around $54.79.
Ethereum is closing in every minute to the $300 mark which is a great hurdle awaiting to clear and successfully close above. They could follow the leader as the cryptocurrency market is in a way alike to commodities while Ripple, Litecoin Ethereun and so on are imitating Bitcoin in many steps.
However, even with the many negative reviews and comments, very well known figures like Litecoin creator Charlie Lee or Tim Draper added their part which is being considered very optimistic on the longer term.
Lee did comment on a factor that many are trying to express โ Chinese Gov will not able to manipulate and play with the market on the way it did since 2013.
Link: http://ethereumworldnews.com/finally-bitcoin-makes-4000-ethereum-litecoin-going-major-marks/
Not indicating that the content you copy/paste is not your original work could be seen as plagiarism.
Some tips to share content and add value:
Repeated plagiarized posts are considered spam. Spam is discouraged by the community, and may result in action from the cheetah bot.
Creative Commons: If you are posting content under a Creative Commons license, please attribute and link according to the specific license. If you are posting content under CC0 or Public Domain please consider noting that at the end of your post.
If you are actually the original author, please do reply to let us know!
Thank You!
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
http://ethereumworldnews.com/finally-bitcoin-makes-4000-ethereum-litecoin-going-major-marks/
This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond
This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Gacs from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
This post has received a 0.78 % upvote from @drotto thanks to: @banjo.