Bitcoin Bounces at Key Support Level as Bulls Fight Back
Bitcoin and the aggregated crypto markets have posted a decently strong rally overnight after incurring a steady stream of downwards pressure that has sent BTC to fresh multi-month lows within the lower-$7,000 region.
Analysts are now noting that this latest bounce came about after the crypto visited a key long-term support level and are also noting that this latest bounce may send BTC back towards the upper-$7,000 region in the coming few hours.
Bitcoin Climbs 2% as Bulls Step Up After Long Per
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