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Bitcoin’s surge derails again

From coinrivet.com

With the enthusiastic cries of “$14,000!” still echoing through the world’s busy and overheated crypto mining machines, Bitcoin did what it does best this week… disappoint. The market-leading digital asset woke up on Monday hovering around $11,500 after a lazy weekend of doing absolutely nothing. By breakfast time its intentions were clear, though, as it shook off the weekend’s lethargy and a rapid $500 spike signalled a desire to mount an assault on the $14k line it had come so perilously close to conquering two weeks ago. Back then, it was $50 shy of the mark, willed on by eager bulls who were quickly brought to ... (full story)

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  • Category: Fundamental Analysis