View full page at cryptocraft.com

 

Bitcoin - Will it hit new highs?

From marketpulse.com

Bitcoin has been heavily in focus on Tuesday following the launch of the first-ever ETF, a landmark momentum for the cryptocurrency industry. The fact that the first day of trading of the ProShares ETF on the NYSE came at a time when bitcoin was pushing record highs is probably no coincidence, traders perhaps hopeful that the day would bring extra enthusiasm. {charts} The question then became whether this would become a standard buy the rumour, sell the fact moment with a sizeable correction to follow and that debate is probably still being had. Bitcoin bulls will probably look at today’s price action with ... (full story)

Story Stats

  • Posted:
  • Category: Technical Analysis