Bitcoin (BTC) Holds Above Support at $3,550, May Soon See Increased Bullish Momentum
Since Bitcoin (BTC) made its large upwards swing last Friday, it has been able to hold steady above its support level at $3,550, bouncing back into the $3,600 range each time this price level is touched. Importantly, its ability to hold above this price level signals that the cryptocurrency’s bulls are not yet ready to surrender its recent gains to the bears.
Now, multiple analysts concur that Bitcoin could soon see increased bullish momentum if it is able to continue holding decisively ov
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