BTC touches $27.3k as Chainlink leads crypto bounce
Bitcoin has broken above $26,300 for the first time since August 31. With the gains, LINK is up more than 15% in the past week and hit $6.81. Bitcoin is back above $27,300 for the first time since August 31, while Chainlink (LINK) is leading the top 20 crypto currencies by market cap as its price bounces to above $6.80. Elsewhere, top altcoin Ethereum has hit highs above $1,670 as the mega caps gain ahead of a likely pivotal week for sentiment across risk asset markets. Can Bitcoin price break higher? BTC breaking higher on Monday sees the benchmark crypto currency rekindle a little positivity for bulls. With intraday highs near $27.4k, crypto analysts have noted the potential for a retest of a critical level and the invalidation of a double-top pattern. While the price may reject at the immediate resistance and fail to consolidate above the 200-week MA, the opposite outlook is a decisive breakout that turns the hurdle into a support. The upside perspecti...