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RE: Bitcoin Now Commands a $52 Billion Market Capitalization

in #bitcoin7 years ago

Good solution
Currently, bitcoin charts show there’s some profit taking happening right now and some healthy consolidation. Higher prices and new all time highs are possible as the one week, and shorter term charts still look bullish.

Although, it is interesting to watch bitcoin’s (BTC) price go south when bitcoin cash (BCH) markets go north, as many speculators believe the opposite effect happened the other day. It’s too early to tell if these two markets will have any correlation with each other over the short and long term.