Flash Update - Bitcoin Breakout Sparks New Hope

MAR 28, 2022 • 10 Min Read

Jason Pagoulatos + 2 others Christian Cioce, Ph.D.Kevin Kelly, CFA Jason Pagoulatos
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Breakout Watch

The crypto market is back in the limelight as Bitcoin’s price jumped to its highest level of 2022, breaking through key resistance levels along the way. We’ve been waiting for BTC to break through the $46-48K range, for example, before sounding the alarms of a potential trend reversal. The low-end of that range is where Bitcoin’s price started the year, while the high-end marks the anchored VWAP since BTC’s all-time high.

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    Jason Pagoulatos + 2 others Christian Cioce, Ph.D.Kevin Kelly, CFA Jason Pagoulatos