Bitcoin continues to climb and consolidates above USD 10,500

Another good session for Bitcoin and cryptocurrencies 27 Feb

The recent rally gained momentum yesterday helped by the news that Circle buys US cryptocurrency exchange Poloniex.

On Bitstamp Bitcoin has now broken cleanly through res/pivot around $10250 and now holding abobe $10500 to look at $10700.,

Next target/res should be $10800 with larger sell interest into $11000 with support building at $10500 short term and larger behind that at $10200

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