I wrote about this on Twitter and in the latest issue of the Monero Moon, but thought it is such a prominent chart I'd share it here.

After 4 years of Monero down-trending against Bitcoin, XMR has finally broken out upwards, and is looking like it will close the month out above resistance.

This is a rare and unprecedented event for any cryptocurrency to break out from such a long downtrend on the BTC pair, and as far as I’m aware has never happened before.

The last time XMR broke out of a long-term (22 month) downtrend against BTC was Feb 2016, before rallying 2600% against Bitcoin.

XMR has broken out of the 4+ year downtrend...