Bitcoin continues to break new all time highs for 2019 day after day, currently trading at $5,929 and inching closer to the $6,000 resistance level. As discussed in our previous Bitcoin price analysis article, BTC/USD is starting to follow the same pattern as the stock markets which could signal that institutional investors are finally hopping on the crypto band wagon. If Bitcoin is in fact consolidating it’s movements with the stock market then we are in for a nasty day of trading today. After dropping over 450 points on Sunday and recovering on Monday, Dow is back at it dropping
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