Bitcoin is presently experiencing a mini-rally that has seen its price climb above the $4,000 price mark. This surge is indicative of what is currently a day of positive price movements from many coins in the market.
The top-ranked cryptocurrency began the day trading at $3,800 but has since added $400 within a few short hours to go back above $4,000. As at press time, BTC appears set for an assault on the $4,500. However, the sheer volume of short positions opening at the moment could cause a rejection above $4,500.