Bitcoin Price Surpasses $8,600 in Big Overnight Rally, Investor Eyes $28K

2019-5-27 02:00

By CCN: Overnight, in merely minutes, the bitcoin price climbed from $8,000 to $8,600, unexpectedly recording a 7. 4% increase on the day. Prior to the run of bitcoin, technical analysts generally anticipated the dominant cryptocurrency to see a pullback following its 100% year-to-date gain against the U.

S. dollar. At $8,600, the bitcoin price is now less than 57% down from its all-time high and is up 132% since January, within six months. Can't wait for the Asian session. pic. twitter. com/VUb5S1VgEX — Mati Greenspan (@MatiGreenspan) May 26, 2019 Strong Momentum Is Fueling the Bitcoin Market Earlier this month, the bitcoin price briefly

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