Bitcoin breaks $15k for the first time since 2017—but this is the biggest hurdle
BTC $15,091 (+7%) • ETH $411 (+2.4%) • XRP $0.24 (+2.7%)
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The price of Bitcoin (BTC) is demonstrating a parabolic uptrend. It has continuously surged past key resistance levels in the past 48 hours. In the near term, however, $16,000 remains the biggest hurdle.
This also means that there is no real resistance above $16,000 to the all-time high at $20,000. Based on the strong high time frame chart of Bitcoin, the road to a new record-high has become increasingly likely.
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