Here’s Why Bitcoin Could Blast Higher If This Trend Confirms

Bitcoin (CRYPTO: BTC) was trading about 3% higher during Saturday’s trading session on continued momentum after breaking up bullishly from a falling channel pattern on July 27, which Benzinga pointed out on July 25. During Friday’s session, Bitcoin negated the downtrend it had been trading in within the falling channel, but hasn’t yet confirmed a new uptrend on the daily time frame.