
Bitcoin Takes Shine from Gold Even as Pullback Begins
Bitcoin put in a massive rally over the past month and even as gold has remained in pullback, BTC/USD has continued to jump to fresh multi-month highs.
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Bitcoin put in a massive rally over the past month and even as gold has remained in pullback, BTC/USD has continued to jump to fresh multi-month highs.

The latest trading sessions have been particularly relevant when looking at the strength of demand surrounding Bitcoin. This can be seen in recent price action, as BTC has gained more than 13% over the last five trading sessions, bringing a meaningful bullish bias back into focus in the short term.

A 50% surge from the yearly low has transformed Bitcoin’s technical backdrop, with bulls now targeting the next major hurdle at the yearly open.
Rather than buy cryptocurrencies on an exchange, you can trade cryptocurrency CFDs which enables you to speculate on the price without ever actually owning it.
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Bursting onto the scene in 2009, cryptocurrencies have revolutionised how we think about money. But what are they and how do they work? Read on to find out.
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