Bitcoin Rockets Past $10,000—And Wall Street Investors Already Expect More Upside - News Summed Up

Bitcoin Rockets Past $10,000—And Wall Street Investors Already Expect More Upside


GettyAfter consolidating under $10,000 for ten days, the Bitcoin price experienced a strong breakout past this crucial resistance on Monday evening. Prominent Wall Street Investors Expect More UpsideProminent Wall Street investors-turned-crypto bulls are already expecting more upside. He has also mentioned the Bitcoin block reward halving as something that strongly adds to the cryptocurrency’s bull case. The investor shared a chart shortly after the surge past $10,000 transpired, attaching the comment “No big deal.” The chart depicted Bitcoin’s price breaking past a technical downtrend that formed in the wake of the $20,000 all-time high. As of the time of this article’s writing, Bitcoin trades just dollars shy of $10,200.


Source: Forbes June 02, 2020 00:22 UTC



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