Do the Recent Trading Volume Highs Mark an End to the Bitcoin Bear Market?
- Details
- Published: Tuesday, 16 April 2019 15:30

Identifying the end of the current cryptocurrency’s bear market is a challenge many are attempting to handle.
Identifying the end of the current cryptocurrency’s bear market is a challenge many are attempting to handle.
A treasure hunt for $1 million worth of bitcoin is officially underway.
Bitcoin’s out-of-the-blue bounce over the $5,000 mark this month has prompted some predictable pontificating from price-obsessed people within and outside the cryptocurrency community.
At I write this, one dollar is worth .89 Euros, 110.8 Japanese Yen, and .77 British Pounds, but the exchange rates are likely to be different tomorrow, or even in the next five minutes. Such is the uncertainty we must accept when it comes to the value of fiat currencies.
The rally last week in cryptocurrency prices sent tremors of excitement through the mainstream press – is bitcoin “doing its thing” again? Could we be on the verge of a breakout?
While bitcoin hovers near its highest price in months, you may not have noticed a big move in Fundstrat Global Advisors’ Bitcoin Misery Index. Fundstrat head and perma-bull Thomas Lee tweeted the news on April 11:
For anyone thinking of promoting bitcoin as an investment, Russia might not be the ideal place to set up shop.
Crypto bulls have been dominating the price action as of late, with many altcoins posting 100% or more gains since they reached their bear market bottoms.
According to local reports, the Bangko Sentral ng Pilipinas (BSP) has approved three crypto exchanges, bringing the total number of approved crypto exchanges to 10.