Bitcoin (BTC) Bounces Off $6,000 Over The Weekend, But Will It Continue To Rise?

Source: Cryptodaily.co.uk, originally published on .

https://cryptodaily.co.uk/2018/08/bitcoin-btc-bounces-off-6000-over-the-weekend-but-will-it-continue-to-rise/.

Bitcoin (BTC) Bounces Off $6,000 Over The Weekend, But Will It Continue To Rise?

Bitcoin (BTC) bounced strongly and cleanly off the exact $6,000 level as can be seen on the BTC/USD daily chart above. The price crashed hard on Friday but since then, it has now formed two consecutive green candles over the weekend. While this may be something every bull wants to see, weekend activity generally does not matter much as most traders are away on weekends and the low volume makes it easy for a few big players to manipulate the market.

Continue reading Bitcoin (BTC) Bounces Off $6,000 Over The Weekend, But Will It Continue To Rise? at Crypto Daily™.

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