Topic: BITCOIN MARKET WEEKLY RECAP (12 ~17 , Feb ,24) (Read 161 times)

Bitcoin price speculation (BTC/NGN)

Ok thanks for bringing my attention to that, noted ✏️


Ok thanks for bringing this to my notice, please share thread link with me.

The thread was kept inactive as people are not posting there but it would have been better if people are posting on the thread. Since we started that thread, BTC/NGN speculation, the price of bitcoin has been increasing. Naira has been getting devalued all the time and has been a bad asset to hold in long term. Even if bitcoin price is not increasing, it is still increasing against naira due to inflation in Nigeria. Some people do not even know about the thread because it is not active. It would be good if we can make the thread to become alive once again.

I think there is no need for this topic since we already have a Bitcoin price speculation (BTC/NGN) thread, it will be better to make post relating to it next time there

Good afternoon my people, I bring to you this week's BITCOIN's market recap ,

You can make references to my post  " key terms for
understanding crypto markets "  
for better understanding of the terms used in this post.

 https://bitcointalksearch.org/topic/--5485476  

this week way just past so  
(Monday ,12, Feb,24)~(Saturday,17, Feb,24)
Na  really big week for BITCOIN, because BITCOIN gain about 9.2%  increment. This one na really good sign way BITCOIN done show us so , as most of the investors and retail traders done put eye for am like this because of the way e take move from 47978.05 to 52395.42 within this relatively short time.
First of all the way the week take start  I no expect this type of strong bullish move because we enter this week with a market way dey  consolidated around the 48594.35 and the 47651.65  zone  way continue for almost the whole (Monday , 12 Feb , 24) until In the evening we come experience one huge price Spike way come open the way for further rise, after this Spike way I dey talk so , the price come later come back to the price way e originate, that is on (Tuesday 13 , Feb , 24) then buyers way been they wait to buy for the market come pick up the orders , na so price come take rise through out (Tuesday 13 , Feb , 24) and ( Wednesday, 14, Feb, 24) on reaching (Thursday 15 , Feb , 24 ) price come start to consolidate around the 51185.48 and 52757.83 zone way done continue till now (Saturday ,17 , Feb ,24)
so at this point make we continue to look at how the next week go be.


Wish you all a Happy weekend and a successfully week ahead 🎉🎉🎉