Bitcoin up 3% today

Bitcoin chart

I wrote last month about bitcoin's habit of rallying on Saturday's and today that was the case again. It's up 3.1% to $60,156 today and touched as high as $61,218.

It had shown some softness in the middle of last week and fell to as low as $55,400 but now looks like it's gearing up for a run at new all-time highs.

Note the series of higher lows on the chart -- a great sign in a bull market.