Bitcoin has finally broken out of this downtrend! Bitcoin is poised to see a quick rally back up to the previously set high of $16,500! If it can break past that, we could see a retest of $20,000 the next couple of days! This is great news for Bitcoin prices and cryptocurrency prices going forward. Bitcoin followed Ethereum and Steem that broke out of their respective patterns yesterday. This shows that the market is still highly correlated, and each coin follows the lead of whichever coin is moving the most. Great start to the year! Below is a look at the break out on both the 1 hour and daily time frames.
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BTC next stop 30k!!!!
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It could happen!
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I hope that finally he starts his return to the vicinity of the 20,000 dollars
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It could easily happen now that we have broken this downtrend!
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This post has received a 3.13 % upvote from @drotto thanks to: @nickh725.
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