So yet again we got some buying power during yesterdays European session and just as has happened over the past few weeks we have seen fresh upside highs carved out in the bitcoin price At the start of todays European session however we have seen a short term correction with a spike down negating much of yesterdays gains How far this correction will hold remains to be seen but it was to be expected Once any financial asset becomes overstretched its not unusual for us to see some level of consolidation and in turn a short term sell off So with this said and as we head into a fresh Europpean sessions worth of action where are we looking in the bitcoin price today and how can we draw a profit from any volatility Take a quick look at the chart to get an idea of the key levels we are watching

The Peoples Bank of China states that 2 billion digital yuan equivalent to 300 million has been processed in over 4 million transactions

Indian billionaire Rakesh Jhunjhunwala sometimes referred to as the Warren Buffett of India says that the government should ban bitcoin Calling the cryptocurrency speculation of the highest order the billionaire investor stated that he will never buy bitcoin

So yet again we got some buying power during yesterdays European session and just as has happened over the past few weeks we have seen fresh upside highs carved out in the bitcoin price At the start of todays European session however we have seen a short term correction with a spike down negating much of yesterdays gains How far this correction will hold remains to be seen but it was to be expected Once any financial asset becomes overstretched its not unusual for us to see some level of consolidation and in turn a short term sell off So with this said and as we head into a fresh Europpean sessions worth of action where are we looking in the bitcoin price today and how can we draw a profit from any volatility Take a quick look at the chart to get an idea of the key levels we are watching