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Bitcoin Analysis: Is a New Bullish Bias Entering the Market?
Bitcoin is currently posting a streak of three consecutive bullish sessions, during which price has gained more than 3%, returning to the highest levels seen in recent months, above the $90,000 area. For now, the renewed buying pressure taking hold in the cryptocurrency appears to be driven, in part, by a reactivation of institutional demand in the short term, along with a recent indecisive tone in U.S. dollar strength, which has allowed alternative assets such as BTC to regain ground. Both catalysts could continue to support sustained buying pressure in Bitcoin over the coming sessions, provided no unexpected ... (full story)
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