Bitcoin (BTC) Hits $8,600, And Everyone Is Overjoyed

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Quips aside, this pass marks a monumental point in the modern marketplace cycle. As Josh Olszewicz of courageous New Coin notes, BTC just broke above an ascending triangle, which changed into situated at a yearly pivot ($8,four hundred). If Bitcoin closes above $eight,400 on the daily or weekly resolution, it may suggest that this market will be poised to head even higher.

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Bitcoin (BTC) Hits $8,600, And Everyone Is Overjoyed | Ecency