Bitcoin has pulled back substantially in the past 24 hours after having failed to make new all time highs having risen above resistance around $40,000. However, we still feel that prices will move higher in the coming weeks given increased institutional interest in the cryptocurrency as well as the Gamestop saga potentially sparking renewed retail speculation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.