Bitcoin, which has been gradually declining for several days, experienced a strong upturn on Thursday, July 18. Indeed, it went from $9400 to $10700 in a few minutes, some people think it was “THE” dip and that we will now see a parabolic increase for Bitcoin. At this moment, we do not consider this to be an unconditional signal for a recovery of a bullish trend with a new ATH in the coming days. To see this, we would need confirmation of several price zones that we will present you.
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Bitcoin and other cryptocurrencies are under threat with several countries moving to ban local and foreign trading of digital money as well as its use in transactions. These seven nations show no signs of letting up when it comes to their implementation of cryptocurrencies as illegal.