Bitcoin Analysis for 2020-03-05 [Premium Analysis]

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On March 4, the Bitcoin price initiated a rapid increase that caused it to break out from an inverse head and shoulders pattern and move above its 50 and 200-hour moving averages (MA). Bitcoin (BTC) Price Highlights The Bitcoin price is trading in a range of $8,550-$8,975. It has reached the top of the range. The price broke out from an inverse head and shoulders pattern.
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Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona graduate school of Economics. Shortly after graduating, he began writing for several different cryptocurrency related websites as a freelancer before eventually taking on the role of BeInCrypto's Senior Analyst.

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