The price of Bitcoin (BTC) has surpassed $11,600 for the first time in 12 months buoyed by rising market sentiment. As BTC/USD demonstrates strong momentum, investors believe there is little resistance until $15,000.

Cryptocurrency market daily snapshot. Source: Coin360

Bitcoin rose to as high as $11,763 on BitMEX in a sudden weekend price move. It also “filled” the CME futures gap at around $11,630, which typically does not happen during the weekend.

Little resistance between $12,000 and…

… Continue Reading at: cointelegraph.com [source]