Bitcoin break above $17,000 for 1st time since January 2018

Bitcoin surged above the major resistance at $17,000, a level not seen since January 2018. Taking into consideration that no major resistance areas are located above the current price level, Bitcoin price may skyrocket if buyers will manage to uphold momentum. Also majority of other altcoins followed Bitcoins footsteps.

Bitcoin’s price more than doubled since the beginning of the year and today bulls managed to surpass another key barrier on the way to a new all-time high. Source: xStation5

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