There are two massive chart patterns pointing up on this. Cup and Handle, and Reverse Head and Shoulders. Both indicate much higher prices from here.
Bitcoin breaks above $16,000 for the first time since January 2018
The reason for the move wasn't immediately clear, but it comes as a number of companies appear to be warming to crypto.
More @ CNBC...
There are two massive chart patterns pointing up on this. Cup and Handle, and Reverse Head and Shoulders. Both indicate much higher prices from here.
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