Bitcoin looks set for an imminent price breakout. The price action chart for the top-ranked cryptocurrency shows a classic breakout pattern which could potentially signal an end to the sideways trading of the last two months.
Many Signs Pointing to a Bitcoin Breakout
Looking at the price chart above, Bitcoin seems sure to break the descending triangle which usually means a breakout is imminent. Since rallying to $8,400 in late July, the top-ranked cryptocurrency has traded in tight ranges. See more for yourself
here.