Bitcoin crossed 7200$ : Welcome Back

in #bitcoin6 years ago

From previous months bitcoin is in correction . It had broke all the supports and the market sentiments are totally bearish.
But 2 days ago, when the ETF news comes in the market that leads the bullish behaviour of market and it started turning Green from Red.
Screenshot_2018-07-18-07-23-12-1.png

Last night bitcoin break all the resistance and jumped to 7400$ and now its making new support around 7200 & 7300$ .

This leads market sentiments in bullish behaviour bcoz it broke the very important resistance of 6800$ . Whenever btc tries to cross this resistance it failed . But now its 3rd time , Market is having positive news everywhere about bitcoin and also mainly the ETF news that gives Btc strength and volume . So , it broke the 6800$ level with high volume and jumped to 7400 $ in just 1 hour.

Effect On Other Cryptocurrencies

Following Bitcoin the other cryptocurrencies is also growing . For a clearer view look at the pic below.

d75941334fac72636dd8b59db638f710-1.jpg

As u all can see all the altcoins are following bitcoin and showing 5 to 10% increase in their values .
Specially the Bitcoin Cash , Ethereum , Cardano , Ripple , Xlm , Litecoin , Neo and many more are in green.
Simply saying the first 20 cryptocurrencies are revovering fast or following bitcoin .

This was an instant update from me about bitcoin . I know like me u all are very happy to see bitcoin crossing the 7000$ .
Plz share your views in comments .

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yeah. its really good to see that Btc touched 7500 $.

Awesome 😍 is this a starting of bull run ?

Yeah in some way because again btc has to do some correction then it will increase again.
From last night it rose more than 10 % so there will.be possibilty of correction.
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