Will Bitcoin Take a Breather or Blast Through Resistance Again?4

This weekend has been nothing short of monumental for Bitcoin. Over the past two days the king of crypto has surged almost 15 percent to its highest price for 15 months. The big question now is will it carry on brushing resistance aside or is a pullback imminent?

Over the past 24 hours Bitcoin reached the giddy heights of $11,250, its highest price since March 2018. Market dominance is close to 60 percent as the altcoins remain frozen over, many still down over 80 percent from their peaks. Daily volume topped out at $30 billion as BTC market capitalization touched $200 billion, but has the wave of FOMO crashed onto the shore?

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