Bitcoin has been trading sideways for the last several weeks. Some investors expected that bitcoin is consolidating before the next bullish run and some expected bearish market when BTC might finally lose support after weeks of trading at around $10,000.
However, bitcoin is up 6.59%...
BTC declined below $8,000 within days of testing the $9,000 mark, which shows that A lot of professional traders who rode the parabolic rally cashed out near the $9,000 mark. Bitcoin’s ongoing corrective bounce could be short-term, as the charts are signaling a short-term...
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