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Because traders think a Bitcoin “ blow-off top ” will occur above $ 18,000
the price is approaching $ 18,000 and enthusiastic traders are demanding that the top-rated digital asset break its 2017 all-time high of $ 19,763. Unless you’re a bear, hitting a new all-time high is great. But ideally, for a sustainable rally to maintain its pace, an upward trend in the scale is more beneficial than a sudden upward move.
In the last weeks BTC has been rising continuously higher without prolonged consolidation periods or major dips.
Read on on Coin Telegraph
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