Bitcoin hit $60,000 for the first time in six months on Friday, nearing its record high, as traders grew confident that US regulators would approve the launch of an exchange-traded fund (ETF) based on its futures contracts.
Breakouts are a common occurrence in price charts. They are often preceded by a period of consolidation and followed by level retesting. A possibility of a false breakout is a constant risk that accompanies them.
In 2021, Litecoin is still a very good asset to trade, especially if you have no problems with self-control. We can never say it enough: any crypto is a high-risk/high-return asset that should be approached with a cool head.
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