#Bitcoin: Stuck at $70,000 or Ready for a Breakout?


๐Ÿ‘‡1-12) As we expected last week, Bitcoin broke out of the triangle formation and made a decent move (+6%) higher. But with the Easter weekend approaching, Bitcoin was stuck in a tight range that will get broken this week.


๐Ÿ‘‡2-12) After seven consecutive positive months, Bitcoin has matched the previous record of 2012. The bull market was then interrupted by a -10% correction the following month, only to continue for another six months with consecutive positive returns. Below, we look at some money flow indicators.


๐Ÿ‘‡3-12) https://mail.10xresearch.co/p/bitcoin-stuck-70000-ready-breakout

#BTC