Bitcoin Bull Reversal Sighted, But Momentum Proves Weak

Bitcoin Bull Reversal Sighted, But Momentum Proves Weak

Bitcoin bulls seem to have gained an upper hand, but the cryptocurrency is still struggling to find follow-through buying today. On Wednesday, CoinDesk’s Bitcoin Price index (BPI) closed (as per UTC) 5.15 percent higher at $11,399. The positive close above $11,000 adds credence to the solid defense of the $10,000 mark seen earlier this week. […]

Omkar Godbole