latest Crypto World News

Search and discover the latest Cryptocurrency updated Stories in Categories.

24-7 Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources.

Bitcoin Makes An April Turnaround Surging Past $6.7k, Is There More To Come?

Bitcoin Makes An April Turnaround Surging Past $6.7k, Is There More To Come?

Bitcoin has offered a relief rally after a slow start to the month. On April fool’s day , it was no joke that investors lost as Bitcoin dipped to retest its $6,200 support. This was a significant drop from current levels of $6,400 but a critical one to establish strong support.

Since then, Bitcoin has made a significant move upwards. At the time of writing this, Bitcoin has recorded a nice bounce rallying by nearly 8%. This has seen the digital asset break above $6,500 to reach a high of $6,600. The $6,500 resistance has been a key resistance and its breakout above this sets Bitcoin on a midterm bullish trajectory.

The retest of the $6,200 support comes just days after the asset tested the $6K support. The breakdown on March 30th that saw Bitcoin test the $6K support was confirmation that investors were bullish on Bitcoin. The test of yesterday’s higher low has been further confirmation that Bitcoin is strong and on an upward trajectory.

Further backing today’s move is increased daily trading volume. Although this has been dragging in the $36B region, it has increased significantly in the last 24 hours to reach $41B. When Bitcoin is on a bullish pattern, the daily trading volume reaches highs of $50B.

Data from Glassnode on daily exchange flows shows that investors are getting ready to hold. In the last 24 hours, investors have been taking out more BTC than putting in. This is hugely bullish for the coin.

/*  */
	border:1px solid #ccc;
/*  */
<script src= shares this Contents always with License.

Thank you for Share!


Search Crypto News


The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed simple and intuitive, usable by all Devices, fast and effective.


24h Most Popular News

Please consider to Support!