Bitcoin (BTC) price broke through the $35,000 resistance and appears to be stepping into a new range that would see the price trade between $38,000 to $40,000. Today’s recovery from the $34,000 level also appers to have invalidated what looked to be a bearish head and shoulders pattern forming on the 4-hour timeframe. 

BTC/USDT 4-hour chart. Source: TradingView

Reclaiming the $36,000 level as support may also assist with squashing the infantile narrative that Bitcoin price was entering a…

… Continue Reading at: cointelegraph.com [source]