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BTC Breaks Above Resistance Barrier on Friday (SIGNAL)
Bitcoin breaks out. Friday has been very good to Bitcoin. We’ve seen a break of a crucial swing high. That is suggesting that the recent bottoming pattern was in fact the real deal. We’ll just have to wait and see, but there is a little bit of concern out there due to the fact that we had seen something similar to this from December to February and then we saw Bitcoin collapse. That being said, a war has broken out since then and that of course changes a lot of things. What I find interesting is that as the 10-year yield collapses, Bitcoin is starting to be negatively correlated to that. I would also postulate ... (full story)