Bitcoin Could Hit $9k in Q2 as Price Jumps Short-Term Moving Average

Key Bitcoin takeaways: Bitcoin opened this week in positive territory, unfazed by the growing Coronavirus pandemic that crashed its prices by over 50 percent in March. The cryptocurrency remains trapped under the $7,500-resistance but is holding above a crucial medium-term technical support. It could pursue a bull run towards $9,000 in the current quarter as a string of bullish fundamental and technical factors converge. Bitcoin has been recording back-to-back weekly gains ever since its grim […]

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Author: toutiao