Bitcoin rose past $55,000 on Monday, breaking out of the 15-month channel, identified by trendlines connecting November 2022 and September lows and April 2023 and Jan 2024 highs. Per Brandt, the bullish view will remain valid while prices exceed the past week’s low of around $50,500.
Industry Stakeholders Believe a UK Election Won’t Derail Crypto Plans
"I think there's a long time between now and an election and so I wouldn't expect them to further the...