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Bitcoin Price Outlook: Will GameStop stock resurgence have downstream effect on BTC and alts?
Bitcoin price defends support due to ascending trendline as BTC bulls hold above $61,000. GameStop stock shapes and accelerates markets for two days after Roaring Kitty’s surprise resurfacing. GME could generate renewed appetite for risk/hype among speculators seeking opportunities, potentially causing downstream effects on BTC and alts. Bitcoin (BTC) price continues to glide along an ascending trendline on the four-hour time frame. Meanwhile, the GameStop saga that has resurfaced after three years distracts the market, with speculation that it could inspire risk appetite among traders and investors. Daily digest ... (full story)