Bitcoin Continues Expressing Similarities to Previous Year’s Price Action as it Climbs Higher6.6

Despite facing downwards pressure that put Bitcoin’s upwards momentum in jeopardy last week, the cryptocurrency has been able to continue climbing higher and is now nearing its price levels that were set just prior to the Tether-Bitfinex imbroglio that sent BTC reeling down to the lower-$5,000 region.

This positive price action has led an incredibly bullish sentiment to abound within the crypto community, and many analysts now believe that Bitcoin will incur further gains in the near future as it continues climbing higher.

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