[2016-7-11]Why bitcoin is on the verge of a breakout: In one chart

[WhalingWhales]

This year has been a strong period for bitcoin bulls, as the price of the digital currency has climbed to levels not seen in more than two years.

Now, a technical trading pattern commonly used by equity analysts has emerged on the digital currency’s chart—and it suggests that prices are poised to shoot even higher.


http://www.marketwatch.com/story/why-bitcoin-is-on-the-verge-of-a-breakout-in-one-chart-2016-07-11