Bitcoin reaches a new all time high above73k

Well, it looked like a forgone conclusion in the previous update, noting the rebound in Bitcoin late yesterday afternoon and now the lead cryptocurrency has finally pushed its way above 73k a short while ago. The high seen was set at around 73,160, but it is backing off a little now. This is probably another case of profit-taking impacting the price action each time it lifts to fresh records and that is to be expected. It remains now to be seen, how far this pull back will run before another batch of eager buyers step up to the plate to grab some more. Bitcoin is currently trading at 72,890