With Bitcoin remaining on the bullish side of the spectrum, it is evident there is both excitement and concern. Many people hope the Bitcoin price notes a new all-time high this year, yet others fear this is yet another fake breakout. For now, the value remains above $5,600, but sustaining it is very difficult.

Bitcoin Price Uptrend Isn’t Slowing Down

Although Bitcoin’s bullish trend is causing some disruption among the alternative markets, very few people will actively care about that right now. When Bitcoin dominates the headlines everywhere, money is pulled out of altcoins faster than people can blink with their eyes. It is the normal flow of things in crypto land, and will continue to be for quite some time to come.

As far as the current Bitcoin price trend is concerned, there is another 4.43% gain over the past 24 hours. Not only has this allowed Bitcoin to surpass $5,400, but $5,500 and even $5,600 as well. A very bullish surge which might meet some form of a correction fairly quickly. This will be pretty…

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Source: https://themerkle.com/bitcoin-price-surpasses-5600-yet-correction-seems-nigh/