Since the start of the week, Bitcoin price has rallied from a retest of lows around $7,700 to $8,700 – gaining over $1,000 in value during the short timeframe. The rise in Bitcoin price was also yet another retest of the asset’s 200-day moving average, and what happens from here could determine the trend ahead....

The post Bitcoin Price: Reclaiming Important Moving Average Could Lead to Retest of Highs appeared first on NewsBTC.

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