The crypto market just took its third sudden step up in February on its way to finish the whole month in the positive area.
In the past 24 hours (UTC 07:29 AM,) bitcoin jumped 5.37% to USD 4.167, ether rallied 11.34% to USD 164, while other top 10 coins (except tether) registered 0.33% – 11.84% gains. Meanwhile, altcoins such as NEO and Ontology skyrocketed more than 20%.
Top 10 coins in the past 24 hours:
The whole market capitalization jumped from USD 134 billion to USD 143 billion. Overall, it’s up by 27% in February.
Crypto bull narrative:
Crypto is well on its way to its best month in the last 10 and the 2nd best since Dec ‘17.
Volume has been increasing massively after a summer nap, with big increases in Dec and new records now
Fundamentals strong: bakkt, Fidelity, jpm, halving, etc.
— Crypto Quantamental (@CryptoQF) February 24, 2019
lol it’s going to 200
— sy5error (@sy5error) February 24, 2019
When you see that Bitcoin is above $4k again and it’s about to moon pic.twitter.com/cmOMNIwFmZ
— Ramp Capital ♿️ (@RampCapitalLLC) February 24, 2019
Keep in mind CME closed 3935 on Friday evening — so either we digest and recheck before Sunday or we’ll open with another downside gap.
Hunch is 4390 fills topside with some change before the 2 low sides get filled.
— Matt Khoury (@MEKhoko) February 23, 2019
“when price’s are going up, people have the tendency to sell too early; when prices are going down, people have the tendency to hold too long”
“people tend to overtrade (aka lose by txfees) when self-attribution biased”
Determine the trend. Apply the opposite of the above. Win.
— CryptoTutor (@CryptoTutor) February 24, 2019
market structure has changed, but this is still as relevant as last time we were up here. https://t.co/ENAoWCnDrK
— Lighthouse (@LightCrypto) February 24, 2019