Cryptocurrencies: 2509 / Markets: 20698 Market Cap: 24h Vol:
Cryptopolitan
2019-09-12 01:00:46

Bitcoin price accumulation powered by halving FoMo?

The word has it that the current Bitcoin price accumulation is powered by the fear-of-missing-out (FoMo) due to the fast-approaching halving event. Bitcoin price is standing still at ten thousand dollars ($10000) for the past twenty-four hours (24h). The cynicism of the bearish trade market has led multiple traders to believe that Bitcoin(BTC) has already hit it’s all-time high and is now looking towards a decline. Bitcoin price accumulation is FoMo? On the contrary, Crypto Michael, Amsterdam Stock Exchange trader and crypto-analyst, differs in opinion when he says that Bitcoin (BTC) is currently in an extremely tense accumulation stage if

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