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Bitcoin back to 19,000 - former strong support

Bitcoin back to 19,000 - former strong support

Market picture

Bitcoin jumped 7.2% to $19,000 on Thursday, a high that the first cryptocurrency has yet to trade in the last two months. The intraday growth consisted of two impulses. The first one was due to stop-orders triggering in the morning low-liquid market.

The second came in the middle of US trading when markets decided on their reaction to the inflation report.

We also note that the first cryptocurrency added in 12 out of 13 days of the new year. Investors hope... Read More

Posted: Jan 13 2023, 09:24
Author Name: forexlive
Views: 111715

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