Another thousand dollar bitcoin price pump day it was and it sounds like a routine now. Bitcoin price broke above $13k and now has to stay there for greater gains to come. Looking at the long term picture depicts a high likelihood of this happening.
Another day’s bullish momentum has resulted in another weekly high for bitcoin which touched $13,150 during Asian trading this morning. If BTC can close a daily candle above $13k it could well push to $14k. After this, the sky is the limit as there is little resistance between this level and $17k and then beyond.