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Bitcoin Morning Strength

Seeking Alpha
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Bespoke Investment Group48.47K FollowersFollow5ShareSavePlay(4min)CommentsSummaryBitcoin and other cryptocurrencies differ from traditional assets in that they trade around the clock. Here we see an intraday composite for Bitcoin over the full course of a day over various time frames.Bitcoin's recent strength throughout the day is the opposite of what has been observed since the high in Bitcoin last fall.Bitcoin has averaged around a 0.75% daily gain so far in March, with the bulk of that strength occurring in morning trading. Vitalij Sova/iStock via Getty Images Alongside other risk assets rebounding to start the week, Bitcoin (BTC-USD) prices are approaching $74K, which is the highest price point since early February. Bitcoin and other cryptocurrencies differ from traditional assets in that they tradeThis article was written byBespoke Investment Group48.47K FollowersFollowBespoke Investment Group provides some of the most original content and intuitive thinking on the Street. Founded by Paul Hickey and Justin Walters, formerly of Birinyi Associates and creators of the acclaimed TickerSense blog, Bespoke offers multiple products that allow anyone, from institutions to the most modest investor, to gain the data and knowledge necessary to make intelligent and profitable investment decisions. Along with running their Think B.I.G. finance blog, Bespoke provides timely investment ideas through its Bespoke Premium (https://bespokepremium.com/) subscription service and also manages money (https://bespokepremium.com/mm) for high net worth individuals. Visit: Bespoke Investment Group (https://bespokeinvest.com/)

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Source: Seeking Alpha

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