Bitcoin Price Triangle Breakout Imminent - 78.3% in circulation

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Bitcoin’s price is about to break out in what commentators expect will be a “big move.”

Excitement among the cryptocurrency’s online traders is building Monday, as weeks of comparatively flat price action look to end soon.

2017 07 10 BTC price.JPG

Bitcoin has been trading on average between $2,400 and $2,800 since June 16, a considerably less volatile period to that which preceded it, according to data from Coinmarketcap.

Now, however, talk is growing of the virtual currency breaking out of its current triangle to set a new trend - up or down.

78,28% of max. supply is in circulation
2017 07 10 BTC circulation.JPG

Read more here: https://cointelegraph.com/news/bitcoin-price-triangle-breakout-imminent-investors-sense-big-move

Bitcoin Price Triangle Breakout Imminent - 78.3% in circulation | Ecency