Bitcoin May See Long-Lasting Stability Throughout ‘Boring’ 2019

Over the past 24 hours, the cryptocurrency market has seen its valuation drop from $135 billion to $130 billion, as the Bitcoin price dropped below the $3,800 mark. On January 2, the dominant cryptocurrency eyed a breakout above the $4,000 resistance level, but it struggled to increase further from $3,912, retracing to $3,780. Boring Year For Bitcoin in 2019 Historically, Bitcoin has tended to take 62 weeks on average to recover from a major correction or a bear market, and all five corrections the asset experienced in the past nine…

Bitcoin May See Long-Lasting Stability Throughout ‘Boring’ 2019

Over the past 24 hours, the cryptocurrency market has seen its valuation drop from $135 billion to $130 billion, as the Bitcoin price dropped below the $3,800 mark. On January 2, the dominant cryptocurrency eyed a breakout above the $4,000 resistance level, but it struggled to increase further from $3,912, retracing to $3,780. Boring Year For Bitcoin in 2019 Historically, Bitcoin has tended to take 62 weeks on average to recover from a major correction or a bear market, and all five corrections the asset experienced in the past nine…