Bullish pennant hints at Bitcoin price breakout to $11,300

Cointelegraph

Published Sep 11, 2020 11:17PM ET

Updated Sep 13, 2020 01:20AM ET

Bitcoin (BTC) price appears to have entered the weekend on the good foot after a relatively uneventful Friday saw the price continue to fluctuate between $10,200-$10,400.

At the time of writing the daily chart shows the top-ranked digital asset tightening into a pennant and since making a double bottom at $9,838, BTC has etched a pattern of higher lows which have now pinched the price into a tighter range.

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