Bullish signs are everywhere for Bitcoin (BTC) March 1st as the largest cryptocurrency continues its record-breaking bear market cycle in 2019.
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Capping a fifth day of broad stability, the bitcoin price 00 was holding steady at around $3850 Friday, while data from traders suggested February ended the worst six-month performance for bitcoin ever recorded.
The price at the beginning of March was still up versus one month ago, however, with BTC/USD appreciating 11.4 percent in the interim despite significant volatility.
At the same time, analysts were looking at technical factors to determine whether BTC’s underlying strength continues despite price suppression.
Contrasting the state of the network with 2015, the time of the previous bear cycle after price highs in December 2013, Diar noted twice as…