Is Bitcoin Heading For A Breakout?

Bitcoin is at its least volatile time, and analysts expect that a breakout is on its way. However, Bitcoin is still on a bullish trajectory, but it has paused to consolidate under resistance. So far, it has moved only a little above $10,000. Experts say that if the bulls won’t make it, there’s still solid support within the mid $7,000 range.

Aside from its increasing trajectory (although very small), external factors such as tech, money, and hash rate are also looking favorable for the bulls. Until Bitcoin stalls under $10,000, only then would it look favorable for the bears. Looking at these numbers, what do you think?