Did Crypto Market Bottomed & the recent 15% breakout is just the beginning?

Almost all coins jump 11% to 30%, Bitcoin rebounding above $3,700 on one-year anniversary of the historic breakout

Many has been calling the bitcoin bottom in the past 3 months, but the last market move from bitcoin being 3200 to now at 3700 and going up is making every crypto trader and enthusiast to hodl and just watch the market make its move. CNBC just reported,

The world’s largest cryptocurrency rallied as much as 11 percent to start the week. Bitcoin has still fallen more than 50 percent in the past three months and is down 75 percent this year. Monday was also the one-year anniversary of its all-time high near $20,000. It has since dropped 83 percent, according to data from CoinMarketCap.com. “Since its inception 10 years ago, bitcoin has already experienced four retracements, similar to what we’ve seen in the past year,” Greenspan said. “Bitcoin will find its natural centre of gravity, it’s just a matter of time.”

“I think we’re getting closer to the bottom. We have the preconditions for the bottom. The mania that we had last year – you’re seeing that reflected here in a pessimism. So the preconditions are there. It wouldn’t surprise me if we pop down to $2,900 on Bitcoin before we bottom.”

Coinbase Crypto-to-Crypto opening doors to millions in crypto trading 

Coinbase has officially enabled crypto-to-crypto trading on the platform. So far, trading pairs are available between Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ethereum Classic.

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Crypto Market Bottomed , the recent 15% breakout, btc, bitcoin, crypto, prices, technology,bitcoin news,  Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ethereum Classic

Mohsen Daemi
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