We all know that crazy coinage that invaded the world in quite some time
Not only that, but she owned a large part of the world's resources in electricity, for example.
Not only that, Bitcoin followers increased daily, amounting to thousands and the amount of money pumped daily
In Bitcoin it is sufficient to achieve the self-sufficiency of whole countries around the world.
With the large investments that entered Bitcoin, especially after Bitcoin Halving, many traders accepted this currency
Investments in bitcoin increased, and this explains to us the recession that affected the rest of the cryptocurrencies, as the focus became entirely on bitcoin.
A very great recession
Bitcoin stagnation lasted for quite some time, as the recession lasted for nearly a year, and it fluctuated between 6000 and 5,000 regions.
Until many Miners and many traders despaired, the dream of climbing the bitcoin became difficult to achieve.
Until Bitcoin Halving was around four months ago, the split didn't help anyone and Bitcoin's slump continued at 9000.
As for the Miners, it has become more difficult since the cost of mining one bitcoin has reached up to $ 6,000.
With regular and risk accounts, the profit for Miners becomes few signs.
A strong start
After almost 4 months of division, and I'm talking about the current period, there has been a big surge in the price of bitcoin
Where he rose nearly 3 thousand dollars in the period of nearly a week or a week and a half.
While Ethereum soar away, it made nearly double the gains and became Bitcoin competitor with Dominance around 10%.
The demand for digital currency market increased, and the market liquidity increased.
Traders
After the big rise in bitcoin by nearly $ 500, and after breaking the 10,000 barrier, the hesitation of traders to buy bitcoin increased or not.
After continuing to climb until he reached close to $ 12,000, many traders reassured the rise of bitcoin and started waving the horizon.
Memories of 2017, when bitcoin reached 19 thousand dollars.
More than a thousand dollars falling in minutes
Unfortunately, the optimism did not last. For nearly two days, everyone woke up to the news of the decline of the Bitcoin, as one candle made a loss of nearly $ 1,000.
Another short candle lasted to about $ 500 before the price slightly increased to 11,000.
This corrective decline was expected by everyone, but no one expected it to happen in just a quarter of an hour!
Now the market is in a period of stagnation and we wait for what will happen later.
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