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Bitcoin Jumps 7 Percent on Wednesday
The Bitcoin market was strong on Wednesday, as traders are perhaps out there looking to take advantage of “cheap Bitcoin.” This is a market that has been horrible, so value hunters are probably going to be attracted to this asset. The Bitcoin market has been very strong during the trading session on Wednesday, gaining over 7% and it certainly looks as if the buyers are coming in and trying to put some type of floor in this market. That being said, we continue to see a major resistance level above at the $72,000 level. If we could break above there, then I think it brings in a little bit of FOMO, opening up the ... (full story)
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