Wednesday, July 17, 2019

NTV Divergence Reaches Bull Market “Mania” Levels, Bitcoin Price Increase Not Organic

This post was originally published here

The early-April Bitcoin price rally that transformed into a mini-parabola, was fueled by a powerful short squeeze and was strategically orchestrated by a single actor. The powerful move did indeed incite much FOMO and bullish sentiment throughout the market, but such a rise in value over such a short period of time rarely feels organic.

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Name Price24H (%)
Bitcoin (BTC)
$9,699.00
-7.48%
Ethereum (ETH)
$211.55
-3.21%
XRP (XRP)
$0.311593
0.89%
Litecoin (LTC)
$88.89
1.77%
Stellar (XLM)
$0.081094
-3.93%
Monero (XMR)
$78.16
-6.00%
EOS (EOS)
$3.94
-5.28%
Bitcoin Cash (BCH)
$299.88
0.69%

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