Once again, analysts have started to go bullish on the Bitcoin price. Cryptocurrency is still down some 40% from its $14,000 peak from last year, but per a number of traders, an array of key technical indicators have suggested that the BTC price is ready to return higher once again.
There’s no doubt that sentiment has turned bullish for Bitcoin. It has remained above the psychological $8,000 barrier for the weekend and institutional investors are starting to go long again.
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