'Clear skies' for Bitcoin price discovery if giant $70K BTC sell-wall is scaled
Bitcoin (BTC) is clinging to $68,000 on Nov. 9 after traders declared it "clear for take-off" and ready to begin further price discovery.
Data from Cointelegraph Markets Pro and TradingView has tracked a second night of impressive gains in a row for BTC/USD.
The pair spent most of Sunday at near $62,000, but is now up a total of 11.4% in just over two days — including a new all-time high of $68,564 on Bitstamp.
"BTC highest weekly close ever after consolidation. We are clear for take-off," popular trader Pentoshi forecast as the week began.
Filbfilb, co-founder and analyst at trading platform Decentrader, also built on existing bullish convictions, noting that Bitcoin was now tackling what he called the "Great Wall of Finex" — a large sell wall
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