Coinathlon

BTC going on a run?

BITSTAMP:BTCUSD   Bitcoin
Historically, Bitcoin has had the tendency to rally quite nicely after showing five consecutive green candles on a weekly chart. In the past three years there were five occasions in which Bitcoin rallied between 35% and 212%. On two occasions it flipped and turned bearish for an extended period of time. It will be interesting to see what the weekly close will bring tomorrow.

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