Bitcoin broke to the upside of its triangle pattern previously highlighted, signaling that a continuation of the uptrend is due. Price has climbed past the 38.2% Fibonacci extension level and may be setting its sights on the full extension. The next potential resistance is at the 50% extension around $12,500 then the 61.8% extension at […]The post Bitcoin Price Analysis: BTC/USD Upside Breakout to $16,000? appeared first on BitcoinerX.
