Analysts Think Bitcoin Is Rallying Due to Market Pricing in “Stimulus Buffet”

Bitcoin is up around $200 in the past 24 hours as it now trades at $11,100. This is the highest price the cryptocurrency has traded at in many days and weeks. The leading cryptocurrency is purportedly moving higher on expectations of further stimulus and a potential Democratic-leaning election. There are also on-chain factors likely driving Bitcoin higher, analysts say. The leading cryptocurrency is moving above key resistance levels as of this article’s writing. Why Bitcoin […]
Bitcoinist.com

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Author: toutiao