RATE Group | Bitcoin And Ethereum Daily Price Forecast – Santa Rally Gives Legacy Crypto’s Significan…
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Bitcoin And Ethereum Daily Price Forecast – Santa Rally Gives Legacy Crypto’s Significan…

19 Dec Bitcoin And Ethereum Daily Price Forecast – Santa Rally Gives Legacy Crypto’s Significan…

Posted at 23:51h in Ethereum News by

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The market is painted in green today as analysts believe that the crypto “Santa Claus” has come to grace the investor early. The market has corrected higher adding a whopping $12 billion in the last 24 hours. Most assets are showing strong double-digit gains while the king of them all, Bitcoin has zoomed past $3,800. This is the most significant rise after Bitcoin descended to a 15-months low. Bitcoin resumed the uptrend on Monday this week with it adding more 8% in a single day. The trading yesterday slipped below $3,500 before bouncing back up. Bitcoin bulls are back to revenge with the asset value breaking above $3,800 and the next target being $4,000.

Today’s Bull Run Adds Billions of Dollars Back in Legacy Crypto Markets

This is incredible for an asset that has been exploring the yearly lows towards the end of last week. Technical indicator signals are positive with the RSI buried in the oversold region while the DMI on the same 1-hour chart heading north after dropping…

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