Since our recent Bitcoin analysis, we saw Bitcoin trading around the range of $7800 – $8200.
As can be seen on the 4-hour chart, Bitcoin gained momentum on its way up following an ascending trend-line which was tested (as support) one more time during the past hours.
Since breaking up the $6000, as mentioned in our last week’s market update, Bitcoin reached $8000 very quickly (six days) with no significant correction throughout the day.
Looking at the critical Stochastic RSI oscillator of the daily chart, we saw a recent crossover pointing down in
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