Bitcoin continues is a rebound after the Sunday plunge

Bitcoin continues is a rebound after the Sunday plunge

Up close to $5000

the price of bitcoin is rising and trades to a new day high at $38,705. That’s up nearly $5000 on the day. The digital currency reached day weekend a low of $31,107 (on my chart). Last week, the low reached near $30000.  

Up close to $5000_

The 200 day moving average for the digital currency is at $40,395 today (give or take). A move above that level is needed to tilt the bias back to the upside.

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