to the decentralized nature of the asset. Multiple tests were run and precautionary measures were taken to prevent issues, but in the end traders and market soon got used to network upgrade as this is not the first hard fork for Ethereum network resulting in market activity continuing like usual. Positive Headlines Underpinned Crypto Market Bulls. This will indicate a change in the current trend in favor of a bearish for BTC/USD. Increased hashrate is a clear sign that mining activity is beginning to boom again. Cryptocurrency, bitcoin (BTC/USD) is trading at 4895. This suggests that investors and traders will continue to look for news.
Forecast Bitcoin (BTC) April 2019 - Graph
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This article was originally posted on FX Empire. While the price action still remains well near multi-month lows, the market saw improvement in investor sentiment and trading volume hit multi-month high cause. A look at the price action in intra-day hourly and weekly charts from technical perspective suggests that bulls are currently building up momentum and further upside move is on the cards as momentum indicators RSI Stochastic see thier signal line move with inclination towards overbought. Bitcoin, cBOE ETF Bakkt platforms approvals have been delayed to late March and could get delayed even further didnt seem to have any impact on the market either. However, news that another security vulnerability was found in relation to Ethereum shortly after delaying Ethereums network upgrade over key security vulnerability limited further gains. For more analysis:. Headlines Driven Momentum To Continue Controlling Price Action of Crypto Assets In Immediate Future.