Bitcoin‘s price broke out of its stagnant market trend and surpassed its immediate resistance at $10k a few days back. Since then, BTC hasn’t looked back, with the value of the cryptocurrency surging to breach its resistance at $11,400 while reporting a 2020 peak of $11,600. At press time, the world’s largest cryptocurrency had managed to hold on to this level and was being traded at $11,620. With a performance like this, many analysts online have started speculating on whether this is…

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