Why Bitcoin Could Rally to $24,000 Before Seeing Its First Major Retrace

Bitcoin has been flashing some signs of strength today as its buyers attempt to flip $16,000 into a support level Although it has yet to reject at this level, it has also been unable to secure a firm foothold above it One on-chain analyst is now noting that he expects Bitcoin’s ongoing rally to extend significantly further before buyers are met with any significant resistance He is specifically watching for a move to $24,000, noting […]
Bitcoinist.com

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Author: toutiao