Bitcoin surges after holding MA support yesterday. Bulls in control. - ConsultFX

Bitcoin surges after holding MA support yesterday. Bulls in control.

Tests the 61.8% retracements Bitcoin today is surging higher. The price is trading back above the $16000 level (currently trading at $16300).  Yesterday, the lows were closer to $14100.  The high on Coinbase today reached $16586. The high going back to December 27th came in at $16490.  The 61.8% of the move down from the December Copyright 2015 Forexlive.com