The Upcoming Stimulus is Keeping Bitcoin on the Bullish Track

Despite Bitcoin pullback after facing tremendous selling pressure caused by the U.S. equity markets, yet Bitcoin prevented a greater price correction below $13,000. In the early trading hours, Bitcoin rallied from $12,983 to $13,500 when the ECB implied a further stimulus economy in December. Therefore, we expected the upcoming ECB’s stimulus is driving Bitcoin towards a long bull trend eventually.

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