Bitcoin on the rise again but stalls at USD 7400

A good session for the mined one after the latest tumble 3 April

Friday saw Bitcoin fall to $6600 on Bitstamp but has since chewed its way higher and now made bolder strides today to test $7400 from $7000.

Buyers will have been encouraged by reports out of China that a PBOC working paper says CBs should embrace digital currencies, the first major CB to say so.

Currently $7351 there's sell interest/resistance into $7500 with demand initially around $7200 then $7000.

A bit(coin) of a roller coaster ride at the moment but what are our crypto currency traders making of it all?

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