Bitcoin Still on Track to Breach $20K in Coming Weeks: Analysts

Bitcoin’s revived uptrend could soon lead to a much-anticipated breakout above the $20,000 mark, according to several analysts.

“We have witnessed a large move up over the weekend, with MicroStrategy’s efforts to increase bitcoin holdings from several large players bringing with it fresh optimism,” Matthew Dibb, COO at Stack Funds, told CoinDesk. “Our belief is that we will see a breach of $20,000 in the coming weeks.”

On Friday, business intelligence firm MicroStrategy raised $650…


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