Crypto Markets on Verge of Parabolic Breakout as Bitcoin Sets Fresh 2020 High

Bitcoin (BTC) and the altcoin markets incurred some notable momentum today, which comes as Bitcoin’s bulls extend the rally that first kicked off yesterday when the crypto made its way up to highs of $9,150. This momentum has not been isolated to Bitcoin, however, as many major cryptos have been able to similarly incur notable momentum today. It does appear that the markets are on the cusp of seeing significantly further upside, as Bitcoin just broke above the upper boundary of a bull pennant that could generate an upwards tailwind…