[2018-02-28] Bitcoin Brushes $11K as Bull Case Strengthens

[feverpitch]

Having tested $11,000 this morning, bitcoin (BTC) is now trading roughly sideways for the day, but could still close the month on a positive note.

CoinDesk's Bitcoin Price Index (BPI) clocked a seven-day high of $11,044 at 06:30 UTC and was last seen around $10,610. Due to the retreat from the intra-day high, the cryptocurrency is now trading largely unchanged on a 24-hour basis, according to data source CoinMarketCap.

With BTC closing last month at $10,221, the cryptocurrency is on track to close the current month with only marginal gains, unless the bulls make progress.

https://www.coindesk.com/bitcoin-brushes-11k-as-bull-case-strengthens/

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[Kemarit]

Well at least we are going to close this month well above $10000 ($10,614.80 as per Coinmarketcap), which is a good sign that we March could be something that we can all look at positively. Its too early to say, but breaking the $11000 barrier is one thing, but sustaining it and hope for another bull run is another. Let's hope for the best, and be positive, it the bears can be kept away and the bulls started to fight its way back to the top, I'm sure that March could be the breakout month that we all been waiting for.