Bitcoin Price Analysis: Sign of Strength Shows Continued Buyer Interest97.2

At the time of this article, the news from the Winklevoss ETF being denied by the SEC is still fresh and it is unclear what impact it may have on the overall macro trend of the market. Prior to the ETF ruling, the bulls continued to show demand as the bitcoin market saw a strengthening rally supported by expanding volume:

Figure 1: BTC-USD, Daily Candles, Macro Trading Range

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