27-12-2019 10:02 via newsbtc.com

Why Bitcoin Needs to Close Above $8,000 to Catalyze Next Bull Run

After a precipitous drop to $6,400 earlier this month, Bitcoin (BTC) has seen a strong rebound, trading as high as $7,700 just this past weekend.
While some say this a precursor to a return to the bull market that graced the cryptocurrency industry for the first half of 2019, analysts say it’s too early to be bullish. Here’s why.
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