Bitcoin Could Surge Past $80K In Coming Weeks, Says Analyst
As the digital currency Bitcoin (CRYPTO: BTC) breaks through a significant resistance level, market analysts are forecasting a potential rally that could see its value soar to new heights. What Happened: Bitcoin may be on the verge of a significant price surge, potentially reaching new record highs, CoinDesk reported following a technical breakout on early Monday. The leading cryptocurrency surpassed the $72,000 mark, moving past a triangular consolidation pattern. This pattern was delineated by a resistance line from Mar. 15 and Mar. 27 highs, and a support line from Mar. 20 and Apr.3 lows. “…