27-11-2019 05:00 via newsbtc.com

Do Bitcoin Trend Lines Indicate a Possible Thanksgiving Rally?

Following a dip into the mid $6k zone as predicted, Bitcoin has recovered back above $7k. Analysts have been looking at trend lines to determine if there is any hope of a Thanksgiving or Christmas rally.
Talking Bitcoin Trends
Following its big dump to $6,550 earlier this week, Bitcoin has returned to its consolidation zone in the low $7,000s. The asset has moved back above the 50 hour moving average and has been sideways for a couple of days facing resistance above $7,200.Since the same time la
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