Hi friends, Bitcoin (BTC) is approaching its second attack on pivotal resistance this week as bulls remain firmly in the driver’s seat.After a mixed weekend that saw both a run on $48,000 and a major rejection at that level, Bitcoin is already back, having made up all of its losses.With conditions broadly favorable for continued strength, it may only be a matter of time before the next impulse move reshapes the BTC/USD spot market .Bitcoin returns to challenge $48,000. It was a rags-to-riches story for Bitcoin this weekend.Saturday began on a high after BTC/USD jumped above $47,000, a zone that immediately borders a large resistance wall, which so far remains in place.Thereafter, a failed attack on that zone ended in a sharp reversal, with Bitcoin dropping to local lows of $45,500 before recovering
BTC eyes $50K breakout despite most ‘greed’ since all-time highs
