Ascending triangle on the hourly chart indicates breakout will occur shortly. If we can get increased bullish volume and break through the $285 resistance, we could see a nice little run take place.
Bitcoin is also following the same chart pattern. Look for a breakout to occur shortly here as well!
With news coming out that Amazon will potentially be accepting Bitcoin towards the end of October, this could spark a bullish run, possibly pushing prices to new all time highs!
Read the full article here https://squawker.org/technology/breaking-amazon-will-accept-bitcoin-by-october/
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