Post
Topic
Board Bitcoin Discussion
Re: Bitcoin To Gain Pace Above This Level! Will BTC Price Regain Its Previous Glory?
by
pooya87
on 28/10/2022, 11:14:52 UTC
As Bitcoin has initiated a new upward rally after breaking its immediate resistance level at $19.7K
A small rise is not called an "upward rally", it is just a small rise specially since there was not much resistance around $19.7 or $20k for that matter. An actual rally is if price goes above $25k and remains there.

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Also the market cap of Bitcoin made an exponential growth by nearly 1%.
Market cap is meaningless. Only price matters which is reflected in market cap too.

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Will Bitcoin Price regain its old glory soon?
"glory"?!! What's not glorious about a currency being worth 20000 times more than 1 US dollar?