Ascending channel Bitcoin price breakout possible despite OKEx scandal By Cointelegraph

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Ascending channel Bitcoin value breakout potential regardless of OKEx scandal

Earlier this week (BTC) value entered a bullish breakout to $11,725 following the earlier week’s information that Sq. bought $4,709 BTC however since then the worth has slumped again right into a sideways vary.

A number of rejections close to $11,500 and the current information of OKEx halting all withdrawals as its CEO ‘cooperates’ with an investigation being carried out by Chinese language authorities can be weighing on investor sentiment and Bitcoin value.

Cryptocurrency every day market efficiency snapshot. Supply: Coin360