This Technical Pattern Indicates Bitcoin Could Soon Surge Past $11K
Bitcoin price revered losses and climbed to a new 2020 high at $10,406 against the US Dollar. BTC is now eyeing another bullish wave above $10,500 in the near term.Bitcoin is gaining bullish momentum above the $10,000 and $10,200 resistance levels against the US Dollar.
The price is likely to continue higher above $10,400 and $10,500 in the near term.
There is a bullish continuation pattern forming with resistance near $10,385 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ther
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