Q. Bitcoin Ready For A Parabolic Rally?

Bitcoin Ready For A Parabolic Rally?

While Bitcoin is far from a full-on bull run, analysts have already tried to call the next BTC top, if there is one that is. And as normal, these traders have been crazy bullish. Trace Mayer, a long-time Bitcoiner, recently remarked that per his indicator, the Mayer Multiplier, which ways current prices and the 200-day moving average, we may have just entered “crypto spring.” In fact, the Mayer Multiplier recently surmounted 1.0, and is moving in a way that resembles that seen in 2015’s Bitcoin recovery. And if previous market cycles rhyme, BTC could see $100,000 or even $250,000 by 2021.






Apr, 2019

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Cryptocurrency is a secure, trustful and transparent digital currency which can neither be counterfeited nor be reversed arbitrarily by the sender. It eliminates the necessity of a third party involvement for the exchange, as it is encrypted and peer-to-peer virtual currency. For those who prefer non-disclosure and privacy, cryptocurrency is the solution. The use of this kind of virtual currency prevents any kind of identity theft. The concept of cryptocurrency has given birth to reliable e-cash.

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