After ages of endless dropping the fabled Bitcoin appears to be turning back up. We’ve had 4 solid days of quite large moves (28%?). This doesn’t really make a trend change but I’ve been buying Bitcoin in small chunks as the market has moved up.
The US suffered a drop in stocks yesterday over fears the banks are trying to destroy the dollar. This is a risky time of year by anyone’s imagination because the market volume drops highly as most people are off for two weeks over Christmas.
I’m looking to build up my Bitcoin pot at these sorts of levels with a view to next years movements. I’m not sure about XRP (Ripple) because although it has rallied and has gained more market capitalisation than even the mighty Etherium, I can’t see it holding up there.