Bitcoin, Around $51K, Nears Upper Bound of 3-Year Price Trend

[Btceth01]

Bitcoin’s bull run over the past year may be showing signs of exhaustion as it pushes toward the upper bound of a three-year price channel, an analysis of chart patterns shows.
The largest cryptocurrency by market value was changing hands around $51,000 as of 16:41 coordinated universal time (11:41 a.m. ET). Bitcoin (BTC) is up 75% for the year to date. Source