$9K Ahead? Bitcoin Looks North After Bull Breakout

$9K Ahead? Bitcoin Looks North After Bull Breakout
Bitcoin (BTC) looks set to extend its two-day winning streak and could soon test the $9,000 mark, technical analysis suggests.

Over the last two days, bitcoin has retraced close to 30 percent of the recent drop from $11,660 (March 5 high) to $7,335 (March 18 high). Further, the cryptocurrency also witnessed an upside break of the key descending trendline yesterday. So, it appears the world"s largest cryptocurrency by market capitalization has bottomed out for the short-term.

However, despite the bull flag breakout, the cryptocurrency ...
Read more about "$9K Ahead? Bitcoin Looks North After Bull Breakout" on coinatory.com

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