Bitcoin (BTC)Crypto News

Bitcoin breaks the gold channel | Crypto News Aktuell German

The latest weekly chart (left) continues to propel the idea that it will move higher after holding above the mid $ 40 mark – the opposite of what it did in mid-May.

In relation to, the pattern of Bitcoin similar to summer 2020 (middle graph). Bitcoin needs to close above $ 53,000 for the month to maintain its 7-month upward channel while maintaining the positive momentum opposite.

This would imply a significant uptrend as long as the XAU / USD holds above $ 1770.
Bitcoin breaks the gold channel |  Crypto News Aktuell German, Crypto Trading NewsBitcoin / Gold weekly and daily charts.

Source: Crypto News Deutsch

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