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Three Reasons Why Bitcoin [BTC] is Bullish in the Short-Term

There is a lot of uncertainty in the markets right now. While Bitcoin and large-cap altcoins have been quiet for a while, the DeFi pumps and small altcoins pumps are reminiscent of the beginning of a bull run of 2017. The traders are apprehensive of another bubble built up. Nevertheless, there are still signals strong signals for bullish accumulation in it. Bullish On-Chain Indicators Miners account for a large portion of the sell-off in the market, the recovery in the hashrate is a hugely positive signal for the market. Moreover, according to Ki Young Ju, CEO of analytics firm, Crypto…

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