Bitcoin price after a prolonged consolidation within a descending trend broke the pattern to initiate an uptrend. The much-awaited uptrend after 60 long days, carried the price above $40,000. Initially, the Amazon rumours triggered the uptrend which was fueled by a huge chunk of both short and long liquidations.
Despite Amazon squashed the rumours, the price yet remained strong without shedding many gains. And hence, Bitcoin registered green candles for nearly 7 days in a row marking an uptrend. However, after a notable surge, a dumping week may be fast approaching.
The Story To Be Updated
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Source: https://coinpedia.org/bitcoin/bitcoin-price-surged-for-8-days-straight/
