Bitcoin (BTC) has seen a very volatile week, as the price of Bitcoin jumped around from $32,000 to $38,500 and back toward $33,000 in a matter of 24 hours.
The initial spike to $38,500 happened in minutes after Elon Musk added #Bitcoin to his Twitter profile.
However, no follow-up of that price movement was seen on the charts as Bitcoin dropped substantially in the following hours. Currently, the $34,500 area is a significant resistance zone to break through if the market wants to sustain…
… Continue Reading at: cointelegraph.com [source]