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2019-02-21 08:51:05

Crypto Market Gains $15 Billion in 4 Days But Analyst Says Bitcoin Not Ready For $4,000

Since February 17, within 4 days, the valuation of the crypto market has increased from $120 billion to $135 billion, by $15 billion. Crypto assets that have outperformed both Bitcoin and the U.S. dollar throughout February in the likes of EOS and Litecoin recorded 4 to 6 percent gains in the past 24 hours, showing strong momentum. Litecoin, in particular, demonstrated a spectacular rally from $33 to $50, gaining 51.5 percent in less than three weeks. However, a technical analyst with an online alias “The Crypto Dog” remains unconvinced that Bitcoin will initiate a large upside movement above $4,000 in The post Crypto Market Gains $15 Billion in 4 Days But Analyst Says Bitcoin Not Ready For $4,000 appeared first on CCN