Bitcoin has struggled to make any price headway in the past year as all attempts to rally have ended in sell-offs. Bitcoin plunged by over 60% during the early-March liquidation panic that spared very few assets. Since then, Bitcoin has steadily recovered and is back to where it was earlier this year before the coronavirus-induced global market crash. The incredible amount of monetary stimulus provided by global central banks has undoubtedly contributed to Bitcoin’s price rebound. Since bottoming in mid-March after hitting $4,000, Bitcoin has been rising within a channel pattern. Bitcoin is now sitting underneath the ... (full story)