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jamie.redman1
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Markets Update: Bitcoin Bulls May Be Prepping for a Charge

Fri Mar 31, 2017 7:54 pm

This week the price of bitcoin has remained fairly stable, consolidating around the US$1,020-40 range with a small uptrend in global trading markets as the weekend approaches.

After the past two weeks of ups and downs, the exchange rate of bitcoin has taken a breather the past few days, moving relatively stable and sideways. There’s been quite a bit of consolidation around the $1,020 mark as it looks like bulls may be prepping for an upcharge. Currently, major exchange order books show buyers have some control, and unless there is some negative news, an upward breakout is entirely possible this weekend. At the time of writing the price per BTC had reached an average of $1,070, around 12 pm US EST.

Read More Here >>> https://news.bitcoin.com/markets-update ... ng-charge/

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