BTC prices have sustained
buoyancy over the weekend but it have not been able to push through the $7,800 area.
It is indeed essential that BTC push the prices above this limit so as to awaken past and further confidence from traders & investors and this will also lead to a future rise in price quite higher than if there's even a shoot in price sooner.
There have been no major fundamentals affecting the market stability lately and it is likely to continue in that matter.
BITCOIN : UNDER #7,800
One of the reasons for the stability is that the market strategies & tactics are beginning to change as more investors are diving into the market with their own innovative initiatives over the previous months.
This act has been affecting the BTC market as well as some investors being afraid of recent developments not exempting the inventions of recent and faster blockchains might hinder the relevance of BTC and take BTC out of play in the next couple of months.
The price of ETHEREUM have also sprung up exponentially over the weekend and the price is now confidentially gliding above $600 as of the time of documentation.
The prices shot up as the CEO/FOUNDER of Ethereum, Vitalik; appealing that the development in the network may help push the rate of transaction to over a million transaction per second.
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