Bitcoin : Update 19 Mar 2018

Hi Steemit Friend,

Yesterday Bitcoin was bounce after hit $ 7350 and recently it’s trading at around $ 8300 after the price was jump about 12% with BTC dominance about 47%.

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Currently both price and volume is began to increase, I don’t see any divergence or disagreement between and it’s indicate that bullish movement is fine and will keep push price higher, maybe some consolidation will occur for a few hours ahead.

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On the other side recently the price of ETHUSD is consolidating but looks like the volume is not good. I see that price is lagging behind volume because volume was hit the line but the price doesn’t. Volume compared to BTC is not same and from market correlation perspective I think there are small chance that bullish movement of BTC will be affected.

Let’s See..

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Disclaimer: This is not financial advice. I’m just giving idea, all trades it’s completely in your responsibility. Make sure you use trading management properly to avoid losses.