Bitcoin prices surge!
Bitcoin surged from around 460,000 yen to nearly 560,000 yen on the 2nd, rising by about 20%.
The public information available online does not clearly indicate the reason.
As pessimism about the global economy grew, the economic indicators from China released on the 1st were not bad, and
funds flowed into risk assets due to the reversal of the day’s momentum that caused U.S. stocks to rise, and the celebratory buying activity following the announcement of Japan’s new era name
may have contributed as well.
Whether this trend will continue or prove temporary remains a focus for upcoming catalysts.
Last year’s end saw a drop of about 20% from the peak on December 26, 2017, bringing prices below 20,000 yen.
If momentum returns, historical rules suggest a retracement of roughly half the move could occur.
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Bitcoin signal delivery was in excellent condition!
It is characterized by resilience to sharp fluctuations.
This is the record of the performance.
https://peraichi.com/landing_pages/view/mfmyj
