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074: Bitcoin 15% Jump to $8,500 on the Table | Cryptocurrency to Replace Fiat Currencies by 2030
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Since the Bitcoin price tapped $6,500 in late-November, analysts have been wondering if the bottom is really in. The BTC price bounced by 20% from $6,500, hitting $7,850 just a week after that. Now, Bitcoin (BTC) is currently trading at just above $7,500, seemingly trying to establish a market trend for the coming week. While some say that Bitcoin’s inability to move past the resistance in the high-$7,000s is decisively bearish, an analyst has said that the odds are leaning in the favor of bulls.