Bitcoin appears to have bottomed and is now over $8,000

Bitcoin has fallen for months As Nick Chong points out in a recent article bitcoin fell from its high down through $13,000 then several thousand more down through $10,000. Just recently it fell over two thousand more breaking through the $8,000 level. Even at this low level some analysts are predicting another 25 percent drop to $6,000 but a number of traders think that from that point bitcoin will enter a multi-year bull market. Bitcoin indicators imply that bitcoin is reaching a bottom Analyst…

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