It would seem as if most of the bullish cryptocurrency momentum has begun subsiding again. While that is not entirely abnormal by any means, it seems this can cause a lot of unrest among traders and investors. In a surprising turn of events, the Bitcoin Gold price is surging as of right now. No one knows why that is the case or how long the run will last this time around.

Bitcoin Gold Price Notes Unexpected Momentum

It is evident a looming bearish trend is forming across the Bitcoin price chart as of right now. This momentum is not what traders want to see, although it’s not entirely surprising either. A day of solid gains usually results in a pullback prior to moving up again. Pressure on the Bitcoin price usually bodes well for some altcoins, even though most are already dipping in the red as of right now.

One of the altcoins noting solid momentum during this in-between time is Bitcoin Gold. Since no one seems to actively discuss BTG these days, it is all the more surprising to see the Bitcoin Gold price move up by nearly…

Click to continue reading on its source location…

Source: https://themerkle.com/bitcoin-gold-price-gains-20-for-reasons-unknown/