Analysts Flip Long on Bitcoin After Bulls Thwart Brief Sell-Off

Bitcoin’s bulls and bears have been engaged in a heated battle over the past several days and weeks, with BTC’s latest bout of volatility being a sharp downtrend that followed its recent attempt to surge past $8,000.
Analysts are now noting that they anticipate Bitcoin to see further gains in the near-term, with this notion being supported by the cryptocurrency’s ability to bounce off of its daily lows of $7,200 that were set during a sharp intra-day sell off that was incurred