Analyst: Bitcoin’s Bullish Monthly Close May Signal That Parabolic Run is Imminent

April has proven to be a very positive month for the crypto markets, and Bitcoin’s ability to decisively surge into the $5,000 region without incurring any significant selling pressure has shifted the overall market sentiment to be slightly more bullish as many analysts expect BTC to see further gains in the near-future.

One prominent analyst is now pointing out similarities between Bitcoin’s April monthly close and that seen in October of 2015, which was followed by a massive bull run.

Read More at NewsBTC...