The New High of the Year Has Made for Bitcoin Shows a Strong Bullish Sign

The price of Bitcoin had made its new high for the second time this year yesterday. A strong bullish sentiment has shown during this rally, Bitcoin just took 5 days to surpass its previous high at $15,962 by reaching $15,992 according to the quotes from BTCC. There was strong buying power supporting the Bitcoin’s price when it pulled back each time. Hence, a breakthrough of $16,000 is expected to occur shortly as the great bullish sentiment currently present is considered.

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