Waning Selling Pressure and Big Futures Discount Paints a Bullish Picture for Bitcoin

In the time since Bitcoin faced what appeared to be a dire rejection at $7,200 just a couple of days ago, the cryptocurrency has shown some signs of overt strength as its bulls attempt to push it higher. Its ability to recapture its support at $6,800 overnight has been one slightly bullish sign flashed by BTC over the past several hours, and buyers are now attempting to navigate through the resistance that exists between $6,900 […]
Bitcoinist.com

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Author: toutiao