Historically, when Bitcoin’s price saw an extended rally, it went past key resistance levels with ease. For instance, it took BTC 28 days to increase from $8,000 to $20,000 in December 2017. In June 2018, Bitcoin’s price rose from $7,500 to $14,000 in just three weeks. So, BTC’s price has the tendency to increase by a large margin in a short period of time, especially when met with huge demand from retail investors.
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