Bitcoin (BTC) surges, with a third time's charm, a bullish reversal lineup?!

Bitcoin (BTC) and other virtual currencies are rising.

In the early hours of the 18th Japan time, one bitcoin temporarily rose to around 830,000 yen, reaching a high for the first time in about a month since early June.

It surged sharply.

Backed by a steadier price around 600,000 yen for a while, large-scale buying from some institutional investors has been coming in, and it is surging.

From the declines earlier this year, Bitcoin has hit a bottom in the 600,000 yen range three times, and has not dropped into the 500,000 yen range, and it seems the market has finally turned.

Other cryptocurrencies (Ethereum, Litecoin, etc.) are also showing similar movements.

Although profits in the 600,000 yen range have been solid, cryptocurrency miningis also good news.

Bitcoin/Japanese Yen (BTC/JPY) 1-hour chart (byTop and Bottom Chart MT4)

Bitcoin/Japanese Yen (BTC/JPY) 4-hour chart

Bitcoin/Japanese Yen (BTC/JPY) daily chart

Ethereum/Japanese Yen (ETH/JPY) daily chart

Litecoin/Japanese Yen (LTC/JPY) daily chart