The exchange activities in the crypto sphere on this beginning of August showed Bitcoin with a beginning of uptrend versus USD on Bitstamp market. This period of the year is not showing the positive influence of the blockchain development accomplish on the diverse altcoin ecosystem. Therefore, our favorite altcoin tokens may not be green concerning theirs prices for a long time.
The BTC price versus $USD may rise some more during this month of August. The chart observation give clear indications on the trend of the BTC price moving average. The cross of the two lines of moving average is in correlation with the green candle on the chart. It is the right time to learn about the move on this period of summer season.
The market volatility must be taken into consideration in all our analyses. The external factors also play a significant role in the change of trend on all the cryptocurrency chart.
My personal opinions are shared on this article. Therefore, I invite my audience to conduct detailed personal researches on the topic before taking any actions.
Feel free to share your points of view in