Bitcoin Breaking Key Resistance as New High of 16k Was Set

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Price continues to soar despite an upcoming event risk, aka CME futures . Nevertheless, price has managed to push above the key resistance line as seen in the chart. In addition to this, I think Bitcoin is in a bullish ascending scallop in which we could as an accelerating bull run to the next key resistance.
People are going to kill themselves when the price crashes.
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