A spike in trading volume today (27/3/2019) has pushed Bitcoin to a new monthly high reaching a short time rate of above $4125. The high is a result of an extra lively market today. This increase is another indication of the recent upwards trending market. While Bitcoin price is volatile in the short term, Bitcoin is showing a solid gradual increase over the last 2 months with a 17% increase in value.
Where the new Optimism is coming from?
Optimism is returning to the market as both stability in market volume and an upwards trend are evident. Bitcoin’s push over the $4000 mark has excited investors across the board. showing increased confidence of both investors and users in the recent time.
Disclaimer: information contained herein is provided without considering your personal circumstances, therefore should not be construed as financial advice, investment recommendation or an offer of, or solicitation for, any transactions in cryptocurrencies.