Crypto

Bitcoin Cracks 7-Month Ceiling. Can Bulls Push It Higher?

Bitcoin Cracks 7-Month Ceiling. Can Bulls Push It Higher?

In brief

  • Bitcoin jumped 2.7%, breaking the descending resistance line that had capped every rally since October.
  • Myriad traders have flipped bullish, giving BTC a 69% chance of hitting $84K next.
  • Traders, though, give a new Bitcoin all-time high only a 6.2% chance of happening before July.

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