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Bitcoin’s (BTC) Massive Ascending Channel Signals A Break to the Upside

Over the last week, the world’s largest cryptocurrency has been consolidating under $50,000 levels. On a weekly chart, BTC has lost 4.67%. As per data on CoinMarketCap, BTC is currently trading 0.5% down at $48,003 and a market cap of $901 billion. However, if we look at the one-decade long-term chart of Bitcoin, the world’s

Over the last week, the world’s largest cryptocurrency has been consolidating under $50,000 levels. On a weekly chart, BTC has lost 4.67%. As per data on CoinMarketCap, BTC is currently trading 0.5% down at $48,003 and a market cap of $901 billion. However, if we look at the one-decade long-term chart of Bitcoin, the world’s