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Bitcoin spot volume is telling a bullish tale as analysts eye macro bottom Bitcoin spot volume is telling a bullish tale as analysts eye macro bottom
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Bitcoin spot volume is telling a bullish tale as analysts eye macro bottom

Bitcoinโ€™s overnight break above the resistance it was previously facing at $7,200 has allowed the crypto to significantly extend the momentum that was first incurred when BTC dipped below the support it has established at $6,600 earlier this week.

Bitcoin spot volume is telling a bullish tale as analysts eye macro bottom

Cover art/illustration via CryptoSlate

Bitcoinโ€™s overnight break above the resistance it was previously facing at $7,200 has allowed the crypto to significantly extend the momentum that was first incurred when BTC dipped below the support it has established at $6,600 earlier this week.

This rally is further confirming that the cryptocurrencyโ€™s early-March lows could mark a long-term bottom, as the subsequent uptrend has shown signs of being highly sustainable.

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