The Bitcoin price (BTC/USD) has rallied toward the $6,000 mark, gaining more than $300 since the start of today’s session.
The original cryptocurrency performed strongly yesterday and was able to recapture the $5,500 mark during the afternoon portion of the session. Having opened the session at $5,402.42, the digital coin rose to as high as $5,522.26, before finishing the day at $5,505.28.
BTC’s advance has accelerated in today’s morning session, as the coin has made a strong move toward the $6,000 mark. At the time of writing, the Bitcoin price was hovering around the $5,800 mark, having risen above $5,850 earlier. BTC hasn’t seen such highs since November 14, 2018, which was the last day the digital coin traded above the $6,000 mark.
Bitcoin’s latest surge comes after digital asset research firm Delphi Digital released its April Bitcoin price outlook report, reaffirming its previous stance that the coin had reached its bottom for this market cycle. The report highlighted a number of positive factors…