Bitcoin’s Ongoing Surge is Its “Most Important Breakout” Ever: Analyst

5f98bb98d3706

Bitcoin has surged higher once again as buyers continue to rush in. The coin just hit a new year-to-date high of $13,650. The cryptocurrency is expected to move higher as Bitcoin has moved above a pivotal technical pattern on a macro scale. It also brings the cryptocurrency above the $12,000 resistance. Bitcoin Undergoes Pivotal Breakout Bitcoin has surged higher once again as buyers continue to rush in. The leading cryptocurrency has just hit a new year-to-date high at $13,650, a price just under 5% higher than it was 24 hours ago. The leading cryptocurrency is expected to enter a long-term bull trend as it prints a pivotal breakout. In fact, analysts think that Bitcoin’s ongoing surge higher marks its most important breakout ever. A crypto-asset analyst shared the chart below on October 27th. It shows that Bitcoin’s ongoing rally has brought it above a pivotal technical pattern: a macro flag.…

Read the original article here

IF YOU LIKED THIS ARTICLE CLICK SHARE