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Bitcoin Continues to Rise Despite Global Fear

From dailyforex.com

Bitcoin was positive during Friday, defying the risk appetite concerns of the broader markets. With this, I continue to think we eventually break out. Bitcoin was positive during the trading session on Friday despite the fact that there is so much uncertainty around the world. This is something that I have noticed in Bitcoin for a while that we are simply showing signs of at least resiliency if not bullishness in the face of what should be thought of as a very difficult trading environment. Ultimately, I think this is a market that is trying to tell us something. Despite the fact that rates are extraordinarily high ... (full story)

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  • Category: Technical Analysis