Bitcoin Price Next Stop is $12K, MKM Partners Analyst Calls

Bitcoin has consolidated above $10,000 this week, gaining 45% year-to-date. According to a technical analyst, the rally hasn’t consumed yet. Bitcoin Enters High-Momentum Phase JC O’Hara, chief market technician at MKM Partners, told CNBC’s “Trading Nation” yesterday that cryptocurrencies tend to trade in two distinguishable phases. The first is the dormant consolidation phase, which is...

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