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October 5, 2022
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Bitcoin

The background of the sharp rise in Bitcoin, and the recent surge in Ethereum, there are signs that the Alto market will revive


Virtual currency market
TradingView BTCUSD Chart
Due to the skyrocketing price, BitMEX alone cut out a short position worth $123 million (15 billion yen). Although it may be possible for short-term adjustments to come in because of the sharp rise, it is possible to see a possibility that the stage will change in the future as the breakout of the extremely important long-term resistance line is confirmed by checking the top ranks. Michael Novogratz, founder of Galaxy Digital Inc., a four-day daily cryptocurrency investor, said, “The turmoil in the United States has spurred the rise of Bitcoin…

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