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Bitcoin on the rebound so far today

15 Feb, 2022

As noted here in an update on the progress of Ether, Bitcoin has also spiked higher during the Asian session. The jump above 43k has seen it rise to as high as 43,790 a short while ago. The move higher since yesterday has certainly re-ignited the topside once again, but it will need to continue to hold at levels just underneath 42k, because any relapse back below that level could completely derail the current upside potential once again. The generally more benign risk dynamic and no further traction in US treasury yields has surely helped the topside today so far. Bitcoin is currently trading at 43,600
 

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