This event push bitcoin today to recover from the crash of yesterday, bitcoin has make an uptrend movement from 5500 USD to reach 6100 USD, people are buying again bitcoin to get free bitcoin segwit on the hardfork of the of this month .

Revealed yesterday in an email posted to the project’s mailing list, Bloq co-founder and CEO Jeff Garzik said that he expects the planned hard fork, aimed compelling the network to embrace a 2 megabyte (MB) transaction block size, will take place sometime in the middle of next month.

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BTC/USD charts from Bittrex

The crypto markets experienced a recover on Thursday, as the bitcoin price began to recover from the dip that it entered following the Bitcoin Gold hard fork. Many altcoins achieved slight price bumps as well, enabling the total cryptocurrency market cap to rise above the $172 billion mark.

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Ethereum/USD chart from Bittrex

Despite the disruption caused by Bitcoin Gold and the forecast uncertainty from SegWit2x, enthusiasm has returned to trading markets, with even mainstream sources predicting fresh all-time highs will come in November.

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LTC/USD chart from bittrex

Nonetheless, the rally appeared to take many by surprise, with commentators expecting an extended correction after Bitcoin price passed $6,000 for the first time last Friday.

Also a lot of crypto markets have lose in their value,Ethereum has not from the blood bath of yesterday and now it is traded around 280 USD to 230 USD, also litecoin has not recover yet at it is traded from 50 USD to 55 USD .

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For my self in this bloodbath i will buy more litecoin and ethereum, because i believe in this projects, also i will buy more monero .

Now we are not into a cycle o day trade in the crypto market, because the market are risky to make trades until the end of the year, the bests trades that you can make is to buy the following coins for long term holding from 6 month to , the coins are : Ethereum, Litecoin, Monero, Dash, Zcash,Neo and Omisego because they are coins based on real projects .

Read also :

Bitcoin crash today to 5375 USD, why ?

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