{"id":9655,"date":"2022-03-28T14:03:11","date_gmt":"2022-03-28T14:03:11","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/bitcoin-to-58k-next-a-2019-like-reversal-ascending-triangle-hints-at-more-upside-for-btc\/"},"modified":"2022-03-28T14:03:14","modified_gmt":"2022-03-28T14:03:14","slug":"bitcoin-to-58k-next-a-2019-like-reversal-ascending-triangle-hints-at-more-upside-for-btc","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/bitcoin-to-58k-next-a-2019-like-reversal-ascending-triangle-hints-at-more-upside-for-btc\/","title":{"rendered":"Bitcoin to $58K next? A 2019-like ‘reversal ascending triangle’ hints at more upside for BTC"},"content":{"rendered":"
A sharp reversal in the price of Bitcoin (BTC) out of an otherwise bearish technical setup has raised its chances of reaching $58,000 in Q2.<\/p>\n
On the daily timeframe, Bitcoin broke out of its ascending triangle\u00a0on March 27 to the upside, bringing the much-anticipated level of $50,000 within its range. <\/p>\n