Up and Down Again: BTC Price Goes Up But Not For Long

[Vladar49]

Japanese online brokerage firm Monex prepares to make a bid for Coincheck, a cryptocurrency exchange, that at the beginning of the year was hacked by high-profile scammers, according to the Nikkei Asian Review. It facilitated a rapid growth of Bitcoin price to $7,400.

"It's a massive confidence boost; you now have a regulated public company in Japan buying into a crypto exchange," Brian Kelly, founder and CEO of BK Capital Management, said. "This puts a stamp of approval, and Japan is a huge driver of this market."

Read more: https://coinidol.com/btc-price-goes-up- ... -for-long/

[irikan50]

Bitcoin is surely testing the emotions of the investors but the wise traders are still holding their positions and believing that the trend will change soon. I also believe that the price will go up as in last year soon and it will cross the higher highs. Do you believe the same?