TALKING TECHNICALS: Bullish on bitcoin
Things are looking good for the world’s two biggest cryptocurrencies
This column focused a spotlight on the technical breakout in bitcoin in July. That’s when the cryptocurrency popped through the $10,000 resistance level on pretty large volume.
The break above $10,000 was significant, as that was a level where the price had topped out several times over the past year. It’s also a resistance level that joined all the prior tops since the bitcoin price peaked in late 2017.