Home Blockchain News Bitcoin Price: Technical Flags Scream ‘Buy!’ as Market Nears Key Level

Bitcoin Price: Technical Flags Scream ‘Buy!’ as Market Nears Key Level

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Bitcoin continues to grind higher, and on Monday the flagship cryptocurrency hit its highest level in 2019. Many investors are stuck in the past looking at the wild volatility brought on by excessive speculation, and ignoring that right here right now, the Bitcoin price is showing maturity and stability – and could be primed for a major boom. Bloomberg reported that a popular technical indicator is now screaming buy after the last signal it generated prompted a 17% rally. Low Bitcoin Volatility is Great for Altcoins If BTC/USD was a traditional currency pair, people would be going wild over how

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