Good news bitcoin and other crypto coins taking a big u turn . In just 30 minutes a big price hike. bitcoin and other major coins having a big jump added $20 billion to market capitalization of crypto market. About 10% increase. The market was suffering from all the negativeness and hence was so down. A restart kick for upwards journey was awaited since months. And 17th July witnessed such a big kick for start of movement.
This is all amidst the positive news coming since last few weeks.
My opinion is this is the good time to enter the market and buy bitcoin or other major leading coins with the long term investment strategy. If this momentum sustains and continues for few weeks today's surge in prices will prove to be a strong base for big big rise in the value. This one stroke dated 17th July may prove to be a long glorified future story to be noted in the bitcoin history.
https://www.ccn.com/crypto-market-adds-20-billion-in-30-minutes-as-bitcoin-spikes-above-7400/ Your views for bitcoin price movement in the months to follow?
Investing into bitcoin requires very good presence of mind and one have to be very wise and precise while investing into bitcoin , this is the learning that I has got when I was a newbie and now I am very happy with what I have learnt and now enjoying bitcoin profit, bitcoin is a very volatile crypto currency and therefore its valuation keeps on flactuation and varies according to market demand and supply as the valuation was sky high in the last Decembers month but then started deflating with beginning of this year and this is very happy to listen that bitcoin valuation has again started to inflate.