Bitcoin has been rallying – I got hold of some of the people I encouraged to buy Bitcoin at the bottom, they are pretty pleased! But we are now going through a correction, the market has run out of steam in the current buy and is pulling back to either move upwards or change direction.
Bitcoin is not dying or crashing it’s just normal market movements. I would imagine that it will pull back further to halfway, where the last congestion was and then bounce back up possibly higher.
Click here for the UK Bitcoinblog.com charts.
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