Bitcoin Soars 5% to New 2019 High But Faces Epic Resistance: Can it Push Through?6.6

One thing that we can take from yesterday’s events is that in this market cycle Bitcoin appears to be oblivious of bad news. The bulls battled on regardless and BTC surged past the psychological $6,000 barrier a few hours ago.

When the news broke that Binance had been hacked to the tune of around $40 million crypto markets and Bitcoin barely blipped. Ok, so it tanked about 3 percent or so back to below $5,800, but immediately started to recover and surge upwards of $6,000 over the next few hours.

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