$12K Bitcoin price back on the table after BTC rallies above $11.4K

On Friday Bitcoin (BTC) price finally managed to break above the symmetrical triangle where the price had been compressing for the last 30 days. After holding the $11,000 level into the daily close, the price rallied to $11,448 on multiple high volume surges. 

Cryptocurrency daily market performance snapshot. Source: Coin360

On Oct. 8 Cointelegraph contributor Micheal van de Poppe explained that in his view:

“If the price of Bitcoin breaks through the $11,100-$11,300 resistance zone, further…


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