Bitcoin price will see breakout ‘during this week’ says trader with $38K target

Bitcoin price will see breakout ‘during this week’ says trader with $38K target

Michaël van de Poppe believes that upside is in store for BTC/USD in the coming days despite nervousness about Grayscale. Bitcoin (BTC) closed beneath a key moving average for the eighth week in a row this weekend, but one analyst is betting on an imminent breakout.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin balances breakout with Grayscale worriesData from Cointelegraph Markets Pro and TradingView tracked Bitcoin as it reversed weekend gains on Monday after a disappointing weekly close.The largest cryptocurrency had maintained its familiar trading range with $33,000....


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