Bitcoin rips to $68,000 in a quick turnaround

Bitcoin is up 6% today as it accelerates higher in North American trade. The gains have traced out and inverted head and shoulders bottom that targets just above $70,000. I also take this is a good sign for the risk trade, Nasdaq and software stocks. The AI disruption trade got too far ahead of itself this week with the Citrini stuff on Monday looking like a classic sign of a bottom. This article was written by Adam Button at investinglive.com.