Bitcoin bulls have been driving the market this week. In the past three days, Bitcoin's price increased by over $2000, building upon a robust month-long rally.
Once the price broke through $12,500, the community already knew that the mega rally has started.
Bitcoin hit bottom in the middle of March when the COVID-19 pandemic was spreading across the world like a wildfire.
Since that time, the pioneer digital asset has regained the lost ground and set new multi-year highs.
However, the cryptocurrency community should be aware of the potential danger ahead.
Bitcoin's bull runs are always accompanied by steep and often painful corrections that may discourage novice traders.
For example, in 2013, Bitcoin tried to clear an all-time high of nearly $1,200 twice, and 30-40% corrections accompanied both attempts. Only the third recovery was strong enough to finally turn this milestone into support and ensure a massive BTC rally to new records.
Read more from the original article:
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
더 오래된 의견은 없습니다. 소파를 가장 먼저 잡으십시오.