Bitcoin has made a nice push back up. The next hurdle is for it to get back above 530 and 540s and hold up there. From that point, buyers will have stepped back in to hold control. Bitcoin is back in the upper Fibonacci range (which is one of the primary tools professional currency traders use), and Bollinger Bands being the second primary tool. So being in the upper Fib range is a very positive sign.
With volume being traditionally light over the weekend, be cautious, but optimistic shooting for that 530-540 range.
News has been mixed, but generally upbeat with more and more adoption and ATM news. This is good for the underlying health of bitcoin long-term. As for more stupid bubble-talk, just because you write for an online website, it doesn't directly correlate with intelligence.
Have a great weekend!
-cj-
