After hitting a low of around $31,000 in mid-July, bitcoin (BTC-USD) has healthily recovered, currently trading at around $55,000 following resistance at around $45,000 during September. Amid talks of regulation over cryptocurrency markets, however, OANDA Market Analyst Craig Erlam believes that bitcoin’s momentum will continue.
“You look at the charts, for example, and that’s all we really have to go off right now — and there just still seems to be plenty of momentum in the move,”…
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