Bitcoin is hitting two-week highs, but there are significant challenges ahead.

in #crypto2 years ago

Bitcoin is trading at its highest level in more than two weeks, but may face challenges as bulls tackle stubborn resistance at $43,000.
The world's biggest cryptocurrency performed strongly on Friday — surging from $37,500 to $40,000 in under three hours.
BTC's price later peaked at $41,500 and remained in a tight range throughout the weekend, prompting some analysts to remark that it was behaving like a stablecoin. Click here for a chance to win $50000 dollar giveaway. https://cutt.ly/cOZcyN5
BTC is currently challenging the top end of its 20-day bollinger band, according to Bloomberg, and a daily close over $43,000 might open the door to more rises.
The destiny of the Bitcoin may be determined by how Wall Street tech stocks perform when US markets open later today, with both asset classes staying tightly intertwined. Click link for chance at $50000 dollars. https://cutt.ly/cOZcyN5
BTC surged 11.7 percent in only 24 hours on Friday, marking its biggest single-day performance since last June.
The increases were similar for ETH, and every token in the top 50 cryptocurrencies by market cap closed the day in the green. Today could be your lucky day. Click here for chance at $50000 giveaway. https://cutt.ly/cOZcyN5
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