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Bitcoin (BTC) In Bull Trend Despite Troubles at $9,000, Analysts Note

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Bitcoin Bull Run Sees Strong Confirmation

In the past eight weeks, Bitcoin (BTC) has rallied from $4,200 to $8,400, literally doubling in a time when global equities have been in a period of tumult. This strong performance has made many claim that crypto assets are decidedly in a bullish trend, marked by higher lows and higher highs in rapid succession. Do the technicals back this?

According to Josh Rager, a popular analyst and team member at exchange startup Level, yes. He recently remarked that the Super Guppy, an indicator that singles out overarching trends, has flipped from red to grey ...

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