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BTC/USD: Double-Bottom Pattern Forms
Bitcoin price has rebounded in the past few days as investors bought the dip. The BTC/USD pair crossed the important resistance level at 114,000 as investors waited for the upcoming US jobs data and government shutdown news. Bitcoin price rose and approached the psychological point at $115,000 as investors moved to safe-haven assets. Gold jumped to a record high, while the Swiss franc continued its bullish momentum. Bitcoin is seen by some investors as a safe-haven asset because of its limited supply and strong demand among investors. There are a few risks that investors are battling with. First, there is a risk that ... (full story)
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