Bitcoin Price Pounds Toward 5-Month High – Here’s Why $6,000 is Next

2019-4-2 18:01

The bitcoin price finally broke above an extended resistance channel to establish a new yearly high above the psychologically-significant $5,000 mark. Coinbase data shows that BTC/USD spiked during the early Asian trading session, surging almost 23 percent in just two hours to $5,120.

The rally accompanied substantial volume, confirming a positive breakout scenario for the cryptocurrency. It also negated some portion of the losses caused by the notorious bitcoin cash hard fork, which prompted the previous crash in November last year. On the technical front, the latest crypto market rally pulled bitcoin out of an overlong long bearish stretch below

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Bitcoin (BTC) на Currencies.ru

$ 71324.07 (-0.36%)
Объем 24H $46.539b
Изменеия 24h: 2.64 %, 7d: 0.91 %
Cегодня L: $70104.41 - H: $71767.46
Капитализация $1426.589b Rank 1
Цена в час новости $ 4723.01 (1410.14%)

bitcoin high price above rally next toward

Источник: ccn.com

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