If Bitcoin Closes Above $10,500, Expect an Explosive Rally to $14,000: Analysts

Bitcoin has seen quite the volatile past seven days. The cryptocurrency broke out on June 1st past $10,000, rallying as high as $10,450 on major exchanges in a move that liquidated dozens of millions worth of short positions on BitMEX. The move was notable. So notable that a prominent analyst, Raoul Pal of Real Vision and formerly of Goldman Sachs said that it was BTC’s “biggest chart pattern break out thus far.” But as quick […]