Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000 as Cryptos Rebound – Market Updates Bitcoin News

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Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000 as Cryptos Rebound – Market Updates Bitcoin News
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BTC moves back above $20,000 as crypto bulls appear to 'buy the dip.'

Following a weekend trading below $20,000, bitcoin rallied by over 10% on Monday to recapture this level. Cryptocurrencies were mainly in the green to start the week, as bulls seemingly bought the weekend’s dip.Bitcoin rebounded from recent drops to start the week, as prices were once again trading above the $20,000 level./USD has rallied to an intraday high of $20,913.32 on Monday.

This rally saw the world’s largest crypto token regain momentum, after falling to its lowest level since December 2020 over the weekend.

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