Contrary to all signals yesterday crypto markets have turned bullish again today as $6 billion gets injected back into digital assets. Bitcoin’s push back to resistance levels has heaved market capitalization back up to $175 billion.
Just when it looked like BTC would drop through support it bounced back at charged back to $5,400 today adding 2.5 percent. Volume remains above $14 billion and signals now have turned bullish indicating that there could be another push up to $5,600. Analysts are of mixed opinion as to where BTC will go next but more consolidation in this range is likely.