Jake Wujastyk: Bitcoin breaks out through diagonal trend zone

Jake Wujastyk: Bitcoin breaks out through diagonal trend zone
Bitcoin breaks diagonal trend zone

Jake Wujastyk, founder and CEO at TrendSpider, reports that Bitcoin has broken out through the diagonal trend zone, suggesting a potential start to a new upward movement.

The comment highlights ongoing momentum in the BTCUSD market.

Wujastyk has recently commented on trends in other markets. He observed an ongoing interest in ONDS stock and considered seeking a larger position at a lower price in his analysis of drone sector shares. In a separate note on MSFT, he highlighted an inverse head and shoulders pattern on the daily chart.

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