Technical Indicators Align to Confirm Bitcoin Bull Market32.4

A large number of traders and investors would have said that the Bitcoin bull market was confirmed when BTC price surged to $8k two weeks ago. Zooming out to the one year chart shows signs of a recovery, and two technical indicators have just suggested that things have finally turned around for the longer term.

Traders are still waiting for a pullback that has yet to materialize. Bitcoin price has held on to gains yet again and has started to consolidate around $8,750.

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