Bitcoin price could break out as speculation mounts around the world’s largest crypto … – FXStreet

Francis Suarez, the Mayor of Miami, believes cryptocurrency has propelled the city into a technology hub.

Analysts believe Bitcoin price trend continues to remain overwhelmingly bullish despite remaining largely unchanged over the first quarter of 2022.

Historically, Bitcoin price breaks out in April every year, starting a rally that extends into June and July.

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Bitcoin price could experience a trend reversal as correlation with the Nasdaq 100 hits a key milestone.

The recent uptrend provided bulls with an opportunity to overcome vital blockades and establish a stable support level.

After breaching a massive hurdle, BTC continued heading higher but has retraced over the last three days.

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