“Bitcoin rose above its 50-day shifting common late Wednesday, confirming the bullish medium-term pattern and easing fears of a deeper correction,” stated Alex Kuptsikevich, FxPro senior market analyst, in an e mail to CoinDesk. “On a weekly foundation, bitcoin and the broader crypto market have gained energy after a protracted interval of consolidation and are actually poised to make new highs.”
_id_beb7c7a1-e3e4-4e7a-9ff2-747d82a6f8c5_size900.jpg)
.png?format=1500w)
