092: BITCOIN BULL RUN: 3 Reasons Why BTC Price Will Continue To Surge | $9.5K Bounce Next?

Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News

English - January 09, 2020 14:46 - 13 minutes - 6.32 MB - ★★★★ - 537 ratings
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Previous Episode: 091: Crucial Indicator Shows Bitcoin Price 250% Higher in 2020 | John McAfee Challenge to US Congress

Next Episode: 093: Bitcoin To Rise Above $20,000 in 2020, Says Bitpay’s Singh | Elon Musk Drops BTC Bomb

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BITCOIN ON VERGE OF ENTERING SIX-MONTH BULLISH CHANNEL!

Bitcoin (BTC) awakened from its post-holiday slump, breaking easily above $8,000. A combination of geopolitical tensions and renewed appetite for trading led the BTC price as high as $8,459. The most recent Bitcoin price move also shifted the analysis of technical indicators, signaling bitcoin may be ready to follow a bullish scenario. Three technical indicators suggested a new upward drive may be possible. Bitcoin managed to bounce off the years-long trend of higher lows. The second technical factor was a small head-and-shoulders pattern.