wBTC Bullish Outlook To $13,000
bitcoinschannel.com
For instance, Wrapped Bitcoin (wBTC) is essentially an ERC-20 tokens on Ethereum token but represents the value of the flagship cryptocurrency. It is barely two years since the launch of Wrapped Bitcoin but ranks among the top DeFi tokens.
The token has been building an uptrend within an ascending parallel channel as observed on the chart. Glancing upwards, the DeFi token is trading must rise above the channel resistance, give buyers an opportunity to shift their focus to $12,000.
Read in Full: bitcoinschannel.com
