Bitcoin Breakout Has Put $28K in Cross Hairs

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Bitcoin Breakout Has Put $28K in Cross Hairs
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The path of least resistance for bitcoin is to the higher side, DeFiOnTarget said. godbole17 reports

Jenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...The top cryptocurrency rose past $25,000, breaching the resistance dating back to August 2022 that also"Bitcoin has now the chance to climb to the next technical level, which is situated at $28,000," Markus Thielen, head of research and strategy at Matrixport, said.

"Within larger price swings, bitcoin has rallied, reacted and retested from $4,000 point increments – $16k, $20k, and $24k - from which the current breakout is now targeting $28K," Thielen added. Wall Street's tech-heavy Nasdaq index rose 2.6% on Thursday, confirming a bullish pattern on the daily chart,

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