Is a "Perfect Storm" Brewing for BTC-USD?The phenomenal recent performance of Bitcoin, which has briefly broken above the $700 handle today, could continue with a ‘perfect storm’ of events in the next six weeks. The key resistance going forward lies at $710: a break of this level could see the $1000 level achieved in a couple of months. On a technical note, we are currently seeing similar characteristics in the market as we saw in the run-up to the all-time high at $1163 back in winter 2013...
https://btcmanager.com/news/is-a-perfect-storm-brewing-for-btc-usd/