Bitcoin Rallies Above $11,000
The head of technical analysis at Oppenheimer suggests cryptocurrency is on the verge of a new uptrend.
Bitcoin rallied to its highest level in nearly a year in late Monday trading.
It held the $11,000 level into Tuesday morning.
Gold is likely the most popular hedge bet for those expecting inflation to rise.
Business Insider reports Bitcoin is slowly reversing a years-long downtrend.