RATE Group | BTC Experiences Biggest Gain Since April
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BTC Experiences Biggest Gain Since April

18 Dec BTC Experiences Biggest Gain Since April

Posted at 14:10h in Bitcoin News by

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  • Major move in Bitcoin on the anniversary of Bitcoin’s all-time high.
  • Trading up more than 11.5%, continuing to achieve higher highs during intraday trade.

Major gain for Bitcoin during Monday’s trade

Bitcoin has experienced a significant move during Monday’s trading, which may be a more important move than standard spike and relief rally.

Right before the normal stock market open, Bitcoin experienced a significant, 4.67% drive higher in one hour.

Bitcoin has continued to drive higher and above average volume.

The price action has also been very different when compared to the past 6 months.

Typically, any strong buying has been the result of a few random spikes which have promptly led to consolidation and strong selloffs.

Today’s price action has been noticeably different with strong and persistent buying throughout the trade day.

There was one strong volume candlestick during the US session, but this was promptly bought back up and prices continue to move higher and…

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