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CCN 2019-05-09 07:11:17

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

By 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

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