BIFI has rebound, exploded? After this long drop?
Answer: Because the currency had been building a strong bottom for a long time, and with the first real liquidity influx, we saw an immediate price explosion, pushing it back above accumulation zones. The market gave us a clear signal that there's renewed interest. Such movements are usually the beginning of a wave, not the end of a short-term move. As long as the price remains above 180, a continuation of the upward move is very likely, especially since there are significant price gaps above that the market needs to fill.
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BIFI
104.7
+5.43%