Post scripting another breakout from a contracting channel, Bitcoin rose to an intraday high of $247.99. With this gain, Bitcoin has marched towards the primary target of $250. On the increased hopes of a possible Greek government deal with its creditors, Bitcoin is trading up 1.04% at $246.98.
Market participants must book partial profits when the first target is met. The other two targets of this breakout are $255 and $260. Bitcoin price chart Image: […]