Bitcoin Trader: Big Money is Net Long, Re-Accumulation Expected at $10K

Bitcoin Trader: Big Money is Net Long, Re-Accumulation Expected at $10K

In recent months, Bitcoin price has been following an uptrend ever since the leading crypto by market cap retested bear market lows at $3,350 where it bounced off support at the 200-week moving average. Even new Tether FUD or fears over Bitfinex’s insolvency have not been enough to cause a major pullback aside from a quick drop that Bitcoin quickly rebounded from over the weekend.

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