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Bitcoin: Breakout is here, 1000 points more to come?

Published 04/07/2019, 01:37 AM
Updated 04/07/2019, 01:38 AM
© Reuters.

  • BTC leads the breakout rally in the crypto world.
  • Consolidates after big breakout, some more gains likely.

Bitcoin, living true to its tag - The uncrowned King of cryptocurrencies, has led the market from the front in breaking out and living all the dusky bearish days behind it. While it is still early days to label it as a new bull market, even as technically it has surpassed the definition already as the largest coin has rallied more than 50 percent from the trough hit late last year.

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