Crypto Money News - Bitcoin and the entire cryptocurrency market have come to the brink of an enormous volatility wave recently. Just last week the entire market saw a tremendous wave of sales that caused Bitcoin and all altcoins to erase the earnings they had recorded over the weeks. ETH hits $ 1,000, while BTC drops as low as $ 28,000
Dream scenario seen for Bitcoin after V-shape recovery The "V shape" recovery determined after visiting these lows seems exactly what BTC needs to see the continuation of the macro uptrend. One trader described the price action seen at the cryptocurrency's recent lows as a "dream scenario" that could take Bitcoin to new heights in the coming weeks. Bitcoin is currently trading with a price of $ 34,700, slightly higher than 7%. This means that there was a major rally from last Thursday's lows of just over $ 28,000.
