Technical Indicators Hint Bitcoin May Soon Run Higher, Potential Factors & Trends5.2

Bitcoin (BTC) and the aggregated cryptocurrency markets have been able to find some stability after their upwards surge yesterday, which may be a bullish sign that points to the possibility that further gains are imminent in the near-future.

Additionally, this upwards move has led multiple technical indicators to begin flashing bullish signs, and any bullish movement in the near-future may be bolstered by increasing institutional adoption through platforms like Bakkt – which will be launching testing for its Bitcoin futures product next month.

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