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Bitcoin breaks out of the range to hit a three-week high

Bitcoin breaks out of the range to hit a three-week high

Bitcoin has been a graveyard of volatility for the past three weeks in a tight range around $16,800 but it came to life today in a broad risk rally. It's up $455 to $17,385 on hopes that the worst has passed.

The good new for crypto is that it's been weeks since the market was hit with some kind of major headline or rumor about an exchange collapsing or facing a serious investigation. Unfortunately for bulls, regulation is going to continue to ramp up and that will cool the flow of mone... Read More

Posted: Jan 9 2023, 18:34
Author Name: forexlive
Views: 110653

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