Jun 8, 2019
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Bitcoin Rides on USD 8,000 as Bulls Ignore Bear Signals

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Bitcoin Rides on USD 8,000 as Bulls Ignore Bear Signals

At the end of Friday yesterday, as North American markets closed out the trading week, Bitcoin price enjoyed long periods above USD 8,000 as bullish traders ignored technical signs of bearish sentiment.

Prices today are slightly higher than they were 24 hours earlier (0.1%), trading right now at USD 7,985 (9.30 am UTC, CoinDesk), but it hides a story of a fight between bears to plunge new depths below USD 7,900 and bulls to remain breathing above USD 8,100 — both these are the day’s high and low.

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