Bitcoin by $50,000, but still taking it easy
No crazy developments for Bitcoin, despite the fact that the $ 50,000 exchange rate was broken today after a long time.
It’s been in the air for speculators for a while now. There would come a time sooner or later when Bitcoin would go through the $50,000 mark again. It may have taken a few weeks longer than expected, but the fact has happened. Around lunchtime the 50k was a fact on Coindesk.
Bitcoin hits $50,000 for the first time in weeks
A huge advance was not the result. In fact, the price largely hovered around this price value today. At the moment, the price has even dropped several hundred dollars and has fallen below $50,000. Bitcoin has not touched the 50k since early September. Then there was a decline for weeks with a low of around $ 40,000. From that low point, the most famous cryptocurrency in the world now seems to be increasingly moving away.
The high-five of this 50k is not entirely convincing. Bitcoin did indeed tap $50,000 as a kind of high five, but there was no glue on that hand. In short, given the developments, there is a chance that investors and traders will take their profits and that the currency will fall again. There is no talk of a convincing upward march, such as Bitcoin can be like a kind of roller coaster.
