Cryptocurrency Analysis and News Portal
Over the past eight weeks, Bitcoin has surged past resistance after resistance in its rally from $3,700 to $9,700 — the price as of the time of this article’s writing.This move has been undoubtedly impressive, with the price action attracting mainstream media attention and Wall Street investors. However, analysts say
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ViewBitcoin jumped above back $10,000 on Tuesday, reinstating the bullish trend and opening the doors for further gains toward $10,500. The bull case would strengthen with a descending channel breakout on the 4-hour chart. A strong rejection at the channel hurdle could yield a re-test of the former
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At this time last year, Bitcoin was in the middle of a rollicking rally, and the situation seems to have panned out in the same way in 2020. In a development that will come as a big boost for those who have invested in the world’s biggest cryptocurrency, BTC reached
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