Here's how bitcoin gets to $12,000

From cnbc.com Watch this video at https://www.cryptocraft.com/news/980507-heres-how-bitcoin-gets-to-12000.

The bitcoin boom is back on. The cryptocurrency has risen 46% this year, pulling back above $10,000 this week for the first time since September. The rally is far from over, according to MKM Partners chief market technician JC O’Hara. “When we look at cryptos as a whole, they tend to trade in two distinct phases. The first being dormant consolidation, which is followed by phase two, which is a high-momentum phase,” O’Hara told CNBC’s “Trading Nation” on Wednesday. “And when you look at bitcoin ...