I am watching a key level at $8,650 and a continued close above that could signal immediate upside potential. The next level of resistance is $10,000, and a break back above that should bring further buying to the table, suggesting near-term upside to $14,500, a 70 percent jump from its current price.
Digital Currency Group's Silbert buys more bitcoin, says it has 'hit the bottom for the year'
Digital Currency Group's Barry Silbert is a big proponent of cryptocurrencies as an asset class.
Bitcoin could take a major chunk of change from gold, crypto expert says
Bitcoin back above $7,000 has crypto bulls believing in the rally again. To one crypto expert, the leading cryptocurrency’s long-term move could be stratospheric.
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