Bitcoin Explodes Past $15,000 as Analysts Expect Further Upside
If it isn’t already clear, Bitcoin is caught in the throes of a full-fledged bull market as its price rallies towards $15,000 This move came about in the form of a parabolic advance overnight, with buyers overwhelming sellers once again The cryptocurrency is showing few signs of weakness as it continues flashing immense signs of strength Where it trends in the near-term will likely depend mostly on whether or not bulls can break above this level or if it will enter another consolidation phase.
While sharing his thoughts on where the cryptocurrency might trend in the near-term, one analyst explained that a move to $15,700 is likely due to the resistance that sits here.
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