Bitcoin is continuing its wild ride this morning, up another 4% today at over $63,000. This takes bitcoin's gains so far this year to 50% (and it's still only February, just!).
Tony Sycamore, market analyst at IG, says the market is setting up to test and likely break the November 2021 all-time $69,000 high. Sycamore explains: Bitcoin's resurrection from the crypto winter is comparable to that of the mythical Phoenix of Greek legend.
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