Traders Stay Optimistic About Bitcoin Trading Above $5,000 BTC/USD; Golden Bow Forming

bitcoinexchangeguide.com

Bitcoin Remains Stable Close To $5,100 In the last hours, Bitcoin has been traded around $5,100, which is very positive for the virtual currency. At the same time, the cryptocurrency increased its market dominance as well and reached 52%. A few days ago, due to the rapid price increase of other altcoins, Bitcoin’s dominance fell close to 50%, the lowest point in several months. The price correction experienced by Bitcoin comes after an almost 30% price increase from $4,100 to $5,400 in just a few days. There are some analysts such as Alex Krüger that believe that Bitcoin has already left the bear market behind.

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