Bitcoin (BTC) price perked up today, rallying from $5,688 to a daily high at $6,600. The digital asset defied the worst fears of analysts by holding above the $5,400 support and currently Bitcoin continues to show growing strength in the face of wilting equities markets.

Interestingly, gold and silver prices also rallied 4.42% and 5.94% as the S&P500 and Dow closed the day with moderate losses. This could indicate that market participants who recently exited their stock positions could be looking for shelter and growth in store-of-value assets.

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24 COMMENTS

  3. The markets don't like uncertainty. It looks likes everyone is getting a grip now on the fact that people will die and Trump will do everything he can to get the markets back to new all time highs before re-election. It's that simple.

  6. Nice indicators, thanks for the tips. The last 4 hour close was 6590 (70 points above your 6520 bar) and price is currently 6720 as I write so it's looking good so far today ;^)

  13. Bitdodgycoin is a joke the most unstable thing ever to put any money in no one knows why it goes up or goes down all pure guess work flip a Bitdodgycoin. lol

  15. My feeling is that you can draw as many lines as you like but when bulls get involved they can move the market regardless what the TA suggests.

  19. Love the videos. Thank you, as a beginner your videos are really helpful. Now, this might be a silly question but which chart are you using? Keep putting out amazing content. ??

  21. I think this whole fiasco is just a transfer of wealth from the public, to corporations, that will now be indebted (owned?) by the Federal Reserve… Our dollars are going to lose a lot of value, I expect higher tax rates and values of all property to drop. People are going to flock to BTC because it can't be inflated, it can't be controlled, and anyone who does even a little bit of research will know what they're investing in. Altogether we will have a lot more newbies to Crypto which means awareness and faith in blockchain technology, more volume, and making it more clear than ever to people that paper bills backed by LITERALLY nothing but promises to pay debt is a SCAM and we ALL pay for it because we don't think there's an alternative. Well there is an alternative…

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