Bitcoin Unfazed by Facebook, Why Further Gains Are Likely4.2

The crypto sphere has been awash with commentary on Libra this week. It has dominated mainstream and crypto media to such an extent that most are already sick of it. Bitcoin and crypto markets are completely unfazed though and continue to inch higher.

Over the past 24 hours BTC has regained its composure and hit an intraday high of $9,350. The 2 percent pump came in early hours trading on Asian markets following a day or so of consolidation. There is still a large wall of resistance north of $9.5k but this has not been an issue in the past.

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