considering the fact that the prices have been hit hard of late due to various types of news and developments that we have seen in the industry over this period. In the latest round of buying in the BTC market, we are now seeing the prices approaching the $8500 region at this point of time and it is likely that this bullish trend might continue for the short term as the lack of any bad news in the market is in itself consider as good news by the traders nowadays. There should be some amount of selling seen in the $8500 but this should hold up the prices only for a short while and a break through that should target the $9000 region next and that would truly resume the bull run.
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Source :https://www.fxempire.com/news/article/market-snapshot-cryptos-set-rise-next-leg-473870
Source:https://www.newsbtc.com