Bitcoin (BTC) Flashes a Rare Buy Signal: How High Can the Price Go?

The primary cryptocurrency has recently made a few attempts to reclaim the psychological $80,000 level in the past week or so, but has been rejected. Despite being in red territory today, one popular analyst identified a rare pattern that has historically been a precursor to a major uptrend. The question now is whether the setup will play out again or the bears will keep the upper hand. Double or Triple-Digit Rally o…