Analyst: Bitcoin (BTC) Holding Above $10,800 May Set Stage for Boom

Out of nowhere, Bitcoin (BTC) has surged higher over the past couple of hours, catching many traders with their pants down as normal.

As of the time of writing this piece, BTC trades at $10,900, just shy of the key resistance of $11,000, but located slightly above another important level, $10,800. According to Financial Survivalism, a prominent analyst, the next 24 to 48 hours will be essential to watch for Bitcoin and the broader cryptocurrency market.

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