dennisdaiber
Long

BTC/USD breaking above the tunnel

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin price went up over 16% over the past 5 days, reaching $8,000 mark. BTC also finally broke out of the descending channel in bulls’ favor. The 20-day moving average is about to cross 50-day one, giving us a bullish signal. However, so far the spike in price has not been supported by a significant volume .
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