Newsflash: Bitcoin Price Bounces 8.3% in a Much-Needed Bull Action; Will It Sustain?

After setting one new low after another, the bitcoin-to-dollar rate on Monday underwent a sharp bullish correction to register a fresh high at 3450-fiat. The upside action followed a low-volumed consolidation trend over the recent weekend trading session. The late night activity on Sunday, nevertheless, looked sharper and trade volume across the leading bitcoin pairs…

Continue reading