Nobody has missed the recent surge in Cryptos. If the move in Bitcoin was an April fools joke or not nobody knows, but one thing is sure, price of bitcoin surged and is adding to gains today. Volumes exploded as well.
Arguing and explaining the blockchain technology being the future has nothing to do with the recent pop in bitcoin. Irrespective of the pros (and cons) with bitcoin and other cryptos, the price movements of these “assets” is pure speculation.
Bitcoin broke above the negative trend and is approaching the 200-day average quickly. The big “level” to the upside is the 6k area which served as a big support last year, until it was broken.
Source/More: Chinese “average Joe” behind the Bitcoin Surge? | AskBrokers
