Last week, the crypto industry experienced a surge as the total market cap surpassed $1 trillion.
The asset is currently at a previously profitable sell spot which incidentally becomes a grey checkpoint considering the sheer power behind the rally-ride up to the level;
Now that the digital currency has surpassed the $21,000 threshold, is this the start of a more horizontal structure providing a positive signal for the long-term trading range? In the foreseeable term, the momentum is strongly bullish and a confirmed break predicts price increases. This may indicate a rise in investor confidence and a potential price increase for bitcoin.
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