Cryptos Are Exploding Higher, Bitcoin Up Over $1,000 In Minutes

From zerohedge.com

After a bloodbath of a week, Cryptos are suddenly soaring higher this morning. The entire space is a sea of green... Bitcoin is up over $1,000 today, lifting all major altcoins into the green for the week... Cointelegraph contributor Michaël van der Poppe had previously noted the 200-day moving average for Bitcoin (around $7,400) would form a likely support area. “These dips on $BTC are overall giving you a beautiful opportunity to buy until the market starts its next wave up,” he told Twitter followers on Thursday prior to the uptick. Resistance for Bitcoin still remains heavy closer to $8,500. Beyond technical ... (full story)