Bitcoin Must Close Above $7,600 In Order for Bulls to Maintain Strength

Despite incurring a massive amount of buying pressure over the past several weeks that helped push the price of Bitcoin to fresh year-to-date highs around $8,400, this newfound upwards momentum stalled earlier this week when BTC swiftly dropped below $7,000, from which point it has been able to tepidly advance.

Now, multiple prominent crypto analysts are expressing their belief that $7,600 is a critical level that Bitcoin must climb back above in order for its recent upwards surge to continue on.

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