Bitcoin Repeats Patterns, Dips After Epic Highs – 1 July, 2019

Bitcoins miraculous gains this year were quickly halted when the worlds largest cryptocurrency fell drastically on Friday. Falling over 18% to $10,294, Bitcoin is still up an epic 200% since January, most of these gains have been happening over the weekends since the start of May, accounting for 40% of the currencies gains this year with more investors excited about the future of the currency and widespread adoption. Although bitcoin has shown to be unpredictable, change patterns can be noted, triggering technical indicators to believe that the currency could continue to rise to new heights.