Bitcoin [BTC] bounces back above $8200 breaking the parallel channel resistance around $8450.
The upside is now showing potential of the beginning of a macro bull run. Nevertheless, there are still resistances to over-come before confirmation on technical charts.
The daily high logged on spot exchanges is $8677. The price of Bitcoin [BTC] at 3: 15 hours UTC on 27th January is $8619.
According to leading analysts, $8650 marks an important area for bullish continuation. Derivatives and crypto trader, TraderXO, tweeted, Read More...