Bitcoin spikes do too a few regional banks being halted earlier this morning. If bad news continues, you can expect this to continue to move up. It has been proven that Bitcoin is the number one alternative instrument right now when markets get bad with negative news. Do you wonder why the regulators are trying to control this asset class? It is important to note that you would have to tightly watch your exits as news either smooths out performance of Bitcoin or it can also quickly drop., depending upon how your automation is set up, it might not be able to help you out in these typical conditions.
There is also bad news coming out of the various crypto currency news media sites of a potential drop as well. This indicates that there is negative pressure against Bitcoin but this may change all due to the bad news of the US markets
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