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BTC/USD: Bullish Pennant Points to More Gains
Bitcoin price remained in a tight range on Thursday morning as the recent bullish trend gained steam. The BTC/USD pair was trading at 118,530, a range it has remained in the past few days. It has remained below the year-to-date high of 123,200. Bitcoin price has remained under pressure as investors remained in the sidelines following the recent surge. It moved from a low of $74,375 in April this year to the current $118,465. Recent data shows that ETF inflows have remained on edge this week. Still, these funds now have over $54.5 billion in assets, making Bitcoin the fastest-growing assets. For example, the iShares ... (full story)
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