Bitcoin (BTC) 400% surge ahead? History says yes
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Prior to soaring to over $60,000 in early 2021,more recently stabilized around the $10,000 mark in late 2020. As we observe Bitcoin currently trading at $58,000, following yet another phase of consolidation, past patterns point to the possibility of another spike. With an emphasis on the previous few months, the second chart offers a closer look at Bitcoin's daily price fluctuations. The exponential moving averages 50, 100 and 200 are displayed on this chart.
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