The JPMorgan Chase & Co. boss told Fox Business Network’s Maria Bartiromo that “bitcoin is real”, a rare admission for one of the growing assets staunchest detractors. The well-respected bank boss goes one step further, saying that he harbors “regret” about classifying the nascent digital currency a “fraud.” Bitcoin has skyrocketed in value over the past several months, rising more than 1,300% in 2017 alone, and hitting a top near $20,000 last December, before falling back in recent trade, according to research and data site CoinDesk.com.Meanwhile, on the BTCUSD H4 chart the descending wedge was formed, which demonstrated a stable fall. Current price is above resistance line, which signals about forming an upside trend. In the short-term, the stochastic indicator is in the upper part of neutral territory and it grows. Positive dynamics persists. So the figure breakout is confirmed. Provided with the help of Just2Trade automated analyzers.