Since the beginning of the week. Bitcoin value has rallied from a retest of lows around $7,700 to $8,700 – gaining over $1,000 in worth throughout the short timeframe.
The rise in Bitcoin value was conjointly one more retest of the asset’s 200-day moving average. And what happens from here might verify the trend ahead. Can Bitcoin come to its market, or can the leading cryptocurrency by market cap fall more to seek out new lows? Golf stroke any likelihood at a market in jeopardy?
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