In last 24 hours, the price of BTC has seen some positive growth, increasing by almost $500.
Bitcoin was dropped around $1200 in mid June from $7000 to $5800.
What are the 3 major reason about this bear market ?
- A Korean Bitcoin Exchange Coinrail Hacked and resulted in $42 millon drop.
- Investigation of US Government regarding manipulation activites in crypto price.
- Even Bithumb was hacked in the same time frame.
As per my own Technical Analysis, The bull market is now started. Let we all hope for the best ROI till the end of 2018.
I kindly request you to do your own research too, before investing in any crypto currency.
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