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Bitcoin price rolls on the runway ready for takeoff to $70,000 as market cap nears $2 trillion

source-logo  coingape.com  + 1 more 14 April 2021 05:54, UTC
  • Bitcoin crosses the $63,000 mark as uplift to $70,000 becomes apparent.
  • The ascending parallel channel appears to have secured BTC’s uptrend.
  • Closing the day under the channel’s middle boundary support could pave the way for correction.

Bitcoin spurred action across the cryptocurrency market on making a confirmed break above $60,000. Moreover, lifting above the recent all-time high near $62,000 proved to investors that the bull run had returned. Buyers rushed into the market on Tuesday, adding weight to the bullish outlook. At the time of writing, Bitcoin dodders slightly under $64,000 amid the renewed bullish outlook.

coingape.com

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