Bitcoin Seek to Challenge $13,000 with the Bullish Momentum Gathered Since Sep
At the time of writing, the price of Bitcoin has surpassed $12,000, the crucial resistance level, yet it keeps running towards the nearest barrier at $12,500. However, with the bullish momentum accumulated since the 4th of September after a great correction, Bitcoin seems like to hike a further high level at $13,000. Additionally, the recent behind equity markets may play an important role in fueling the bullish sentiment on Bitcoin when they start to rally. Frankly speaking, Bitcoin’s ascending trend is still on track and potential benefits from traditional markets’ rally.
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