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