This Market Trend Shows The Bitcoin Price Is Ready For Its Next Leg Up

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Bitcoin seems to be poised for its subsequent leg up.

An ongoing battle between the bulls and bears is at the moment underway for the 200-day shifting common of the bitcoin worth. The 200-day shifting common is commonly considered by merchants and market analysts alike as a key indicator for the momentum of a given asset, thus the latest resistance and chop above and beneath the indicator is sort of telling. 

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