Bitcoin Price Reclaims $8,200 as Trade War Intensifies Bullish Demand

By CCN Markets: In the past four days, the bitcoin price has increased from $7,630 to $8,240 by nearly eight percent against the U.S. dollar as other major crypto assets such as Ethereum and Litecoin recorded large gains. As technical analysts anticipate bitcoin to sustain its momentum in the near to medium term following the seven-year trendline of the asset, strategists look towards the trade war between the U.S. and China as a potential catalyst of the dominant crypto asset. Technical indicators for bitcoin are good, trade war is a catalyst According to Josh Rager, the bitcoin price still remains

The post Bitcoin Price Reclaims $8,200 as Trade War Intensifies Bullish Demand appeared first on CCN Markets

Source: https://www.ccn.com/bullish-bitcoin-price-8200-trade-war/

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