Bitcoin Back Over $40K
And just like that, Bitcoin is up. It is sad that so many are weak-minded and weak-handed and I’d be interested to see how many bought in the high $50’s and 60’s yet panic sold in the $40’s and 30’s. People never learn.
Bitcoin price gains 40% in a day as altcoins, Cardano and Dogecoin join $42K BTC
“Data from Cointelegraph Markets Pro and TradingView shows BTC/USD spiking to previous all-time highs from February on Thursday.
At the time of writing, volatility was back as bulls sought to tackle what was once formidable resistance.
As Cointelegraph reported, the past 24 hours have been a test like no other for Bitcoin as selling pressure drove it to $30,000, only to evaporate and allow a run to $40,000 — all within around five hours.
On Thursday, higher levels remained, with brief spikes hinting at major buy-ins frontrunning a concerted push higher.”