Bitcoin Price Prediction: New ATH Confirmed — Here’s Where BTC Could Be Headed Next

Description

Bitcoin (BTC) has hit a new all time high of $111,087, up 3% in a day and finally breaking above the long held resistance zone of $108,000. The daily close above the highs is a big deal for the crypto markets. BTC is now in a rising channel since April, with higher highs and higher lows. Technically the breakout is strong. MACD has just given a bullish crossover and the 50 day EMA ($96,956) is rising, the long term trend is strong. Bitcoin Price Chart – Source: Tradingview If BTC holds above $11...