Crypto trading expert predicts Bitcoin is on the brink of an e | 🛡CA Capital Announcements

Crypto trading expert predicts Bitcoin is on the brink of an enormous breakout

After a brief period of volatility, Bitcoin returned to trade in the green on April 28; one crypto market analyst believes that the possibilities of an upward breakout for the flagship digital asset are growing day by day as the U.S. Dollar gains strength.

Upon further examination of the Bitcoin price action, crypto trading expert Michaël van de Poppe identified one possible cause for the cryptocurrency's current choppy state, which is that the U.S. Dollar correlation with BTC is particularly strong at this time.

"Since Bitcoin has been peaking since May the dollar has been showing strength and altcoins have been dying down. Bitcoin has been seeing some tests since then too but overall trending sound now what's the point here is that we're accelerating heavily to the upside. We are also getting into figures where the indicators are showing extensive run to the upside with the RSI going there."

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