Bitcoin prices rallied today, rising to a more-than three-month high. (Photo by Chesnot/Getty ... [+] Images) Getty ImagesBitcoin prices rallied today, reaching a fresh 2020 high as the digital currency benefited from multiple tailwinds. “There are plenty of bullish narratives for bitcoin at the moment both fundamental and technical,” said Mati Greenspan, founder of Quantum Economics. “If today’s candle closes well above $9,500, then we can start considering $9,500 as a weak support,” he added. Disclosure: I own some bitcoin, bitcoin cash, litecoin, ether and EOS.
Source: Forbes February 05, 2020 19:52 UTC