GettyAfter consolidating under $10,000 for ten days, the Bitcoin price experienced a strong breakout past this crucial resistance on Monday evening. Prominent Wall Street Investors Expect More UpsideProminent Wall Street investors-turned-crypto bulls are already expecting more upside. He has also mentioned the Bitcoin block reward halving as something that strongly adds to the cryptocurrency’s bull case. The investor shared a chart shortly after the surge past $10,000 transpired, attaching the comment “No big deal.” The chart depicted Bitcoin’s price breaking past a technical downtrend that formed in the wake of the $20,000 all-time high. As of the time of this article’s writing, Bitcoin trades just dollars shy of $10,200.
Source: Forbes June 02, 2020 00:22 UTC