The last time I spoke about Bitcoin was back in late December,
Crypto Analysis Report 12-30-18…Has Bitcoin Bottomed???
After coming within $200 of pivot low that was established back in Sept of 2018, buyers have stepped up their game. However, the crucial level remains the daily supply at $4500. If price can breached that level, price has a chance of moving higher.
On February 8th, the crypto market experienced a strong $10 billion recovery from $111 billion to $121 billion, breaking out of a three-week stalemate.
It is not only a matter of technicals and flows. Fundamentals may be in play
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