coingape.com
- Bitcoin price remarkably ascended from levels under $30,000 but stalled slightly above $32,000.
- A falling wedge pattern adds credence to the bullish outlook, but key resistance stands in the way of recovery.
- Elon Musk’s founded Space Company, SpaceX owns Bitcoin.
Bitcoin price bulls displayed the strength of their muscles on Wednesday, pulling up from areas under $30,000 to daily highs of $32,807. The recovery started as a reflex action to the declines earlier in the week but was later boosted by Elon Musk’s appearance at the B Conference.