Bitcoin to Dollar logo Bitcoin to Dollar logo
CCN 2019-05-09 07:11:17

Bitcoin Price Skyrockets to New 2019 High as Traders Gleefully Anticipate $6,400

By CCN.com: The bitcoin price has increased by more than five percent in the past 24 hours from around $5,800 to $6,098, breaking out of the $6,000 resistance level for the first time in 2019. Following the high profile security breach of Binance, investors expected fear, uncertainty, and doubt (FUD) to drive the market down in the near-term. However, the market swiftly recovered from an initial fall to around $5,500, ultimately recording a $600 gain on the day. Can the Momentum of Bitcoin Price be Sustained? Throughout the past month, technical analysts and traders have pointed toward the $6,200 to The post Bitcoin Price Skyrockets to New 2019 High as Traders Gleefully Anticipate $6,400 appeared first on CCN

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer