Bitcoin price rose more than 2% to break out of the narrow trading range which started in early June. Surprised by a sudden rally, short-sellers booked their losses which further fueled the rally past the crucial resistance level of $227.
This advance has completely changed the scenario, which had been bearish for some time. Bitcoin now trades at $227.55, and dips can be used to accumulate the cryptocurrency from a short-term trading perspective. Image: https://www.tradingview.com/x/P55S10QQ/ […]
