MarketWatch: Bitcoin is on the verge of a breakout

posted almost 7 years ago
This year has been a strong period for bitcoin bulls, as the price of the digital currency has climbed to levels not seen in more than two years.

Now, a technical trading pattern commonly used by equity analysts has emerged on the digital currency’s chart—and it suggests that prices are poised to shoot even higher.

The current market pattern suggests that a long-term trend in the price of bitcoin is about to resume after a brief period of consolidation.
Tags:  opinion, bitcoin