Battle for $23,000 rumbles on as Bitcoin bulls rally for the charge while bears dig in
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City AM
City AM
By Darren Parkin IT’S been an exciting week in the world of cryptocurrency with a fascinating collection of twists and turns that exploded out of the nothingness of sideways movement. Looking back to last Friday all the charts appeared happy to sit out what was looking like a fairly drab January. Bitcoin was languishing below $21k, Ethereum looked tired out, and most other cryptocurrencies were moping about as if they were still nursing a hangover from new year’s eve. This morning, Bitcoin is clearly coiling up at $22,950 with bulls steeling themselves for another assault on $23,000 while the …