KQMarkets

Bitcoin - Long - Set to Challenge All Time Highs

Long
BITFINEX:BTCUSD   Bitcoin
Bitcoin is set to challenge all time highs above $60,000 once again on the announcement that Visa will enable payments to be settled in cryptocurrency. We believe the cryptocurrency will continue it's strong upward momentum and has an RSI of 61 indicating it is not yet in overbought territory so could potentially reach the psychological $100,000 level at some stage this year.

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