Bitcoin (BTC) surged to 87,473 USD on April 21, up from just over 84,000 USD on April 20, highlighting a rise above 3,000 USD after a slump earlier in the month.
Scott Melker mentioned Bitcoin’s breakout as Bitcoin moves into the upper boundary of a range-bound channel, indicating a potential positive trend despite the decline in Nasdaq futures by 1%.
The Kobeissi Letter noted a correlation between Bitcoin’s breakout and gold hitting its highest prices, suggesting increased economic uncertainty alongside a weakening US Dollar.
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