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Bitcoin Inches Towards $61K But On-Chain Data Turns Bearish

Bitcoin inches towards $61K with a slight choppy action between the $55K and the $58K price region as we can see more in our latest Bitcoin news. The world’s biggest cryptocurrency was in a choppy action mode for quite some time now but Bitcoin inches towards $61K as we can see on the charts. A few companies dipped into the asset in 2020 with companies like Tesla and Microstrategy picking up billions of dollars worth of BTC. BTC trades above its 34-period exponential moving average and as of press time, the asset is still in a strong uptrend. The EMA…

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Bitcoin Trading Specialist Sees 6 Bullish Signs For BTC Now

A Bitcoin trading specialist is in the crypto news today, seeing six potential bullish signs for another rise of the most dominant coin. As you probably know, bulls are still king as the market signs point up. According to filbfilb who is always featured in the latest BTC news and updates, Friday’s futures expiry could spell trouble. As he elaborated, the cryptocurrency can still top $13,000 and higher as a series of “non-events” still leave bulls in a powerful position. According to data from the markets, the BTC/USD pair has been climbing towards $11,500 on August 28 and one analyst…

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