Analyst: Breaking This One Level Could Send Bitcoin to $14,000+

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Bitcoin’s price has been consolidating in the time following its strong surge up to highs of $11,400 The cryptocurrency has yet to revert any of these gains and appears to be gearing up for another big push higher Where the market trends next will likely depend on BTC, as it has been firmly guiding the altcoin crypto market One analyst is now noting that Bitcoin could soon see a move to over $14,000, but he notes that it first needs to post a clean break of $11,600 He believes that it is more likely that it will face a rejection at this level and reel lower Bitcoin and the entire crypto market have been caught in the throes of a consolidation phase in the time following BTC’s surge from $10,600 to $11,400. This move was significant and seemed to indicate a trend reversal working in favor of buyers. BTC’s momentum…

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