Macro Analysis Predicts Bitcoin Has Begun Rally Toward $100k

Bitcoin has started to rally massively over recent weeks. BTC currently trades at multi-year highs near $16,000 and is signaling that it wants to break even higher. According to a macro analysis by crypto-asset trader Josh Rager, BTC is on the verge of an exponential uptrend. Rager noted that every time “Bitcoin has closed above the previous monthly all-time high,” a 700-1,000 percent uptrend followed suit. Bitcoin will need to close November’s monthly candle above […]

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Author: toutiao