Bitcoin is has taken off – in a massive rally the price of Bitcoin has shot past $11,000. From a Technical Analysis angle, Bitcoin is broken out of a triangle and reaching an apex. This means we can start exploring bigger numbers such as $13,000 or even higher in this Bull Market. However, we’re still cautious of a “Bart Simpson” Pattern. What will happen to altcoins and Decentralized Finance (DeFi) during this time?
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I’m not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.