[2016-7-11]Why bitcoin is on the verge of a breakout: In one chart
by
WhalingWhales
on 11/07/2016, 18:33:02 UTC
This year has been a strong period for bitcoin bulls, as the price of the digital currency has climbed to levels not seen in more than two years.
Now, a technical trading pattern commonly used by equity analysts has emerged on the digital currencys chartand it suggests that prices are poised to shoot even higher.