OmiFX8

Bitcoin: Eyes record highs on bull flag breakout

Long
COINBASE:BTCUSD   Bitcoin
Bitcoin's hourly chart shows a bull flag breakout. The pattern usually accelerates the preceding bull move, which is the recovery from $43K in this case.

The breakout validates the big green bullish mzrubozu candle created on Monday and suggests scope for a re-test of record highs above $58K.

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