Bitcoin surges into US open as forecast points to attack on $60K
Bitcoin (BTC) met the start of U.S. trading with a bang on Dec. 1 as the Wall St. open sparked a run above $58,500.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining 2% in an hour Wednesday, canceling out the majority of overnight losses.
The pair had hit $59,000 the day before in a similarly-timed move before giving up progress to dive to local lows of $56,700 on Bitstamp.
For Cointelegraph contributor Michaël van de Poppe, hope was back that Bitcoin would now challenge firm resistance at $60,000.
Did you buy the $56K flip on #Bitcoin?Looking to attack the highs here at $60K. pic.twitter.com/nyx2XvE8Sw
As Cointelegraph reported, the area at and above $60,000 now represents the resistance level to beat and hold in order
Read more on cointelegraph.com
