The price of bitcoin is trending up in a low-volume environment. Meanwhile, some rebalancing from bitcoin into ether has been occurring on exchanges since late November.
- Bitcoin (BTC) trading around $19,363 as of 21:00 UTC (4 p.m. ET). Gaining 1.4% over the previous 24 hours.
- Bitcoins 24-hour range: $18,809-$19,607
- BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians.
The bitcoin market is back to trending towards bullish territory after a flat Wednesday made it…