Bitcoin Rockets Up to $7400!!!

Breaking News: Today more bulls came into the market and launched Bitcoin past $6800 and up to almost$7500. Over the past two weeks, many investors were worried whether Bitcoin would drop below $5800 or rise over resistance of$6800s. Yesterday, we received a bit of relief when investors pushed Bitcoin up to $6400 on volume, but this was not confirmation that another Bitcoin rally would be in place.

Yesterday, we played out three different scenarios which would be positive for Bitcoin moving forward. This was the best of the three options, so we’re awaiting we’re watching to see how people take the news. Will traders sell for profits or will they continue investing for the long term?

We’d recommend holding for the near term because there is much great news coming in the next few weeks including the announcement by the SEC regarding a new Bitcoin ETF.

Not sure what we’re talking about? Check out our piece here.

https://steemit.com/bitcoin/@bitrpc/bitcoin-etf-countdown-you-can-participate