Speculation Abounds Over the Cause of Bitcoin’s Recent Rally

Speculation Abounds Over the Cause of Bitcoin’s Recent Rally

With BTC plummeting almost $1,000 from October 22-24, some crypto sages were poised on their soapboxes in the Twitter town square ready to announce the coming cryptocalypse. As seen recently though, prices have reinvigorated with gusto and stabilized around the market as a whole. 2017’s November and December mega rally was preceded by a rapid plunge in prices across the market in mere days as well, prompting some to view current conditions as a consolidation signal similar to those times.

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