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Another weekend rebound for Bitcoin

06 Dec, 2020

Bitcoin fell backwards again later on Friday. The price dropped close to 18,600 ahead of the US close. However, once again it has been the subject of some fresh buying this weekend. On Saturday the price rebounded back above 19k again and rose steadily into the early hours of Sunday morning when lifting to around 19,350. However, this move is by no means conclusive and besides it has seemingly run out of steam ahead of the Asian market reopening on Sunday. That saw the price drop below 19k again before rebounding back above 19,100 ahead of the Asian market opening on Sunday evening

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