Analyst: Bitcoin Could Be Months Away from Setting a New All-Time High

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Bitcoin has been flashing signs of immense strength throughout the past few days and weeks, with its recent uptrend holding steady as bulls chip away at its $13,800 resistance Yesterday, the cryptocurrency was able to post its highest monthly candle close ever The technical significance of this cannot be understated, as it shows that bulls are in full control of the cryptocurrency at the moment Unless BTC posts a strong rejection at its current price levels, there’s a strong possibility that an upside break above $14,000 is imminent This could spark a move to fresh all-time highs, according to one analyst Bitcoin has been consolidating around its key near-term resistance level at $13,800. This level was closed above yesterday, which led BTC to see its highest monthly candle close ever – even higher than that seen in December of 2017. Where the cryptocurrency trends in the near-term may depend largely…

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