Macro Analysis Predicts Bitcoin Has Begun Rally Toward $100k

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Bitcoin has started to rally massively over recent weeks. BTC currently trades at multi-year highs near $16,000 and is signaling that it wants to break even higher. According to a macro analysis by crypto-asset trader Josh Rager, BTC is on the verge of an exponential uptrend. Rager noted that every time “Bitcoin has closed above the previous monthly all-time high,” a 700-1,000 percent uptrend followed suit. Bitcoin will need to close November’s monthly candle above $14,000 to print this same signal. Bitcoin Starting a Macro Rally, Analysis Shows Bitcoin has started to rally massively over recent weeks, gaining 50% in the span of a month. Bitcoin currently trades at multi-year highs near $16,000 and is signaling that it wants to break even higher. According to a macro analysis by crypto-asset trader Josh Rager, Bitcoin is on the verge of an exponential uptrend. The trader shared the chart below, noting that…

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