Bitcoin Price Analysis – The confluence of bullish continuation

Bitcoin (BTC) continues to recover from this years low, set earlier this month. The market cap now stands at US$ 177.78 billion, with US$ 3.69 billion traded on exchanges in the past 24 hours. A recent acquisition has been a hot topic of discussion this week, with Circle buying Poloniex for US$ 400 million.
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Bitcoin Price Analysis: Bearish Continuation Pattern Could Signal End of Bullish Rally

Throughout the life of this bull market, bitcoin has reliably found support on the 200 EMA. However, at the time of this article, the price is trending below the 200 EMA and is currently in the process of testing the strength of its resistance level. Second, we can see a notable drop in overall volume since the …
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