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120: Bitcoin Price Explodes as Rare Bull Signal Flashes | BTC Transactions Hit A Major Milestone Today
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The Bitcoin price just crossed the $9,800 resistance and may be well on its way to smash the major $10,000 physiological resistance next. BTC was trending higher through the early European session on Thursday as a very rare bull signal flashed for the first time in 10 months.
Dubbed as Ichimoku Cloud, the technical indicator turned green to identify a long-term upside trend shortly after bitcoin surged towards $9,769.70 on Wednesday. It also hinted at the imminent formation of a Golden Cross – a popular candlestick pattern that predicts an upcoming bull market.