-
Bitcoin Finds US $50K Supportive Again
The Bitcoin market dropped a bit during the trading session on Friday, only to turn around and bounce from the $50,000 level. This is a market that continues to see a lot of interest every time we pull back, so it is likely that the uptrend will continue going forward. After all, Bitcoin is starting to see a lot of inflow when it comes to institutional money, and therefore we have a little bit of support based upon that alone. The $50,000 level is a large, round, psychologically significant figure, so it makes sense that it has attracted so much attention. That being said, even if we were to break down below the ... (full story)