Bitcoin in Midst of Powerful Breakout: How Far Will Prices Go Past $10,000?

After an 11% drop last week, Bitcoin (BTC) started to mount an extremely strong recovery on Sunday and Monday. Just earlier today, the cryptocurrency reached a local high of $9,150, trading 5% higher on the day.
Per Raoul Pal, a former Goldman Sachs executive, this move has allowed BTC to break out of “an inverse head and shoulders formation (with a very weak right shoulder, which makes it often more powerful.”Bitcoin is breaking out of an inverse head and shoulder formation (with a