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Bulls Last Stand: Why Bitcoin’s Trend Depends on The Defense of $5,800

Bulls Last Stand: Why Bitcoin’s Trend Depends on The Defense of $5,800

Bitcoin price has been more volatile than ever lately after the asset plummeted from $10,000 to under $4,000 in just over a month’s time. After such a collapse, the leading cryptocurrency by market cap has since bounced and is trading above $6,300 following a successful weekend defense of $5,800 – an important line that according to one crypto analyst says could determine the fate of Bitcoin’s long-term trend.








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