Signals: What is missing for the price of bitcoin to regain its upward trend
Bitcoin shows signs of recovery, but there is still no confirmation of an upward trend.
In a turn that seems to defy history, the price volatility of bitcoin (BTC) recorded lower levels than that of the S&P 500 index, one of the most traditional indicators of the stock markets that groups the 500 largest companies in the United States, according to Bloomberg analyst Eric Balchunas.
In a post on April 11, Balchunas described this circumstance as "madness" occurring in a context of global uncertainty unleashed by the trade war driven by the administration of Donald Trump.
After several days in which the price of bitcoin fluctuated between $75,000 and $80,000, at the time of this article it had positioned itself above $85,000 again, according to Trading several.