Good afternoon my people, I bring to you this week's BITCOIN's market recap ,
You can make references to my post " key terms for
understanding crypto markets "
for better understanding of the terms used in this post.
https://bitcointalk.org/index.php?topic=5485476.0 this week way just past so
(Monday ,12, Feb,24)~(Saturday,17, Feb,24)
Na really big week for BITCOIN, because BITCOIN gain about 9.2% increment. This one na really good sign way BITCOIN done show us so , as most of the investors and retail traders done put eye for am like this because of the way e take move from 47978.05 to 52395.42 within this relatively short time.
First of all the way the week take start I no expect this type of strong bullish move because we enter this week with a market way dey consolidated around the 48594.35 and the 47651.65 zone way continue for almost the whole (Monday , 12 Feb , 24) until In the evening we come experience one huge price Spike way come open the way for further rise, after this Spike way I dey talk so , the price come later come back to the price way e originate, that is on (Tuesday 13 , Feb , 24) then buyers way been they wait to buy for the market come pick up the orders , na so price come take rise through out (Tuesday 13 , Feb , 24) and ( Wednesday, 14, Feb, 24) on reaching (Thursday 15 , Feb , 24 ) price come start to consolidate around the 51185.48 and 52757.83 zone way done continue till now (Saturday ,17 , Feb ,24)
so at this point make we continue to look at how the next week go be.
Wish you all a Happy weekend and a successfully week ahead 🎉🎉🎉