Bitcoin Continues Respecting Seven-Year Trendline as Bullish Momentum Flourishes7.4

Bitcoin (BTC) has incurred a large amount of buying pressure over the past couple of days that has allowed it to climb well into the $8,000 region, which appears to have signaled that the cryptocurrency’s bulls are not yet ready to surrender their control of the crypto.

Bitcoin’s recent bullishness has allowed the crypto to maintain above a long-term trendline that has held over the past seven years, which may signal that significantly further bullish momentum is imminent in the near-future.

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