Tuesday March 31, 2020

It looks like Bitcoin has found a new bottom

Market ‘extremely oversold by most metrics’

20th December, 2018
Pic: Getty Images

Exactly a year after beginning its crash from close to $20,000, the world’s biggest cryptocurrency seems to have found a new bottom.

Bitcoin extended gains for a fifth day on Wednesday, heading for the longest winning streak since September, based on Bitstamp pricing. The increase of more than 20 per cent since Friday has carried most of the digital-token market with it.

“The market is extremely oversold by most metrics - near the most oversold...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

What’s coming up today and what you might have missed

Hannah O’Brien | 3 months ago

What’s coming up today and what you might have missed.

Hannah O’Brien | 3 months ago