Treading Water: Bitcoin Bulls Await Break Above $7780

Treading Water: Bitcoin Bulls Await Break Above $7780

"Still in bearish territory, bitcoin need to clear resistance at $7,780 in order to regain a bullish bias."

_{Read more: www.coindesk.com}

More news sources

Markets Update: Leading Cryptocurrencies Break Above Bear Channels

The bullish action witnessed by the cryptocurrency markets last week has seen many leading markets break above the bearish descending channels which have guided price action in recent weeks. The last couple of days has seen the many markets retrace &#8211...

_{Read more: news.bitcoin.com}

Other hot crypto news today

• An old Alcoa plant in Upstate New York is going to be converted into one of the world's largest bitcoin mining centers
• South Korean Supreme Court Rules Bitcoin Is an Asset
• Japan Set to Finally Reject a Cryptocurrency Exchange
• Slovenia Plays Host to the World’s First “Bitcoin City”
• World’s Largest Crypto Exchange Binance Invests in Blockchain-Based Esports Platform
• IMF Says Bitcoin Could Create Less Demand for Regular Debt-based Fiat Money
• One Firm Is Way Ahead of Wall St. on Bitcoin
• Lawmaker Wants New York State to Pilot Local Cryptocurrencies
• Nasdaq CEO: ‘Cryptocurrencies Are at ‘Height of Hype,’ Will be More

_{Follow me @cryptonized for the latest cryptocurrency news...}