in #btc2 years ago

Bitcoin is literally burning up the pond, as I was very much not expecting, and has been overcoming the resistances since yesterday without stopping. Bitcoin broke through 37,400, without any backwardation. It will be good for the market to get back to that level and confirm it back for further support on any downside. Observation: BTC is forming a bullish divergence while a lot of altcoins are doing the exact opposite, forming a bearish divergence.

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