Bitcoin has consolidated above key support at $10560 as the cryptocurrency continues it's upward momentum. We therefore still expect the Bitcoin to challenge YTD high above $12000 in coming weeks in particular due to the 2nd wave of the coronavirus and Bitcoin increasingly being seen as a safe haven.
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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.