The market of bitcoin is moving sideways as the graph present the green and red candles close in length.
Bitcoin on the graph below has reached 11.4K $USD price for one bitcoin. The uptrend confirmation for this week end seems to be valid because of the position of the moving average line and the RSI.
BitUSD is on the huge uptrend. The platform Bitshare is around since 2015 and had supported many great projects. The increase of 87% may be a market short term variation. We must look closely the evolution of the price in the coming weeks.
The market volatility must be taken into consideration in all our analyses. The external factors also play a significant role in the change of trend on all the crypto currencies chart.
My personal opinions are shared on this article. Therefore, I invite my audience to conduct detailed personal researches on the topic before taking any actions.
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