Bitcoin Price Surpasses $8,600 in Big Overnight Rally, Investor Eyes $28K

Bitcoin Price Surpasses $8,600 in Big Overnight Rally, Investor Eyes $28K


By CCN: Overnight, in merely minutes, the bitcoin price climbed from $8,000 to $8,600, unexpectedly recording a 7.4% increase on the day. Prior to the run of bitcoin, technical analysts generally anticipated the dominant cryptocurrency to see a pullback following its 100% year-to-date gain against the U.S. dollar. At $8,600, the bitcoin price is now less than 57% down from its all-time high and is up 132% since January, within six months. Can’t wait for the Asian session. pic.twitter.com/VUb5S1VgEX — Mati Greenspan (@MatiGreenspan) May 26, 2019 Strong Momentum Is Fueling the Bitcoin Market Earlier this month, the bitcoin price briefly

The post Bitcoin Price Surpasses $8,600 in Big Overnight Rally, Investor Eyes $28K appeared first on CCN

Posted by Joseph Young on May 26, 2019 @ https://www.ccn.com/bitcoin-price-surpasses-8600-rally

Comments are closed.