Analysts Expect Bitcoin to See New Highs as Uptrend Continues

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Bitcoin has been struggling to gain any strong momentum throughout the past few days and weeks, with buyers and sellers reaching an impasse as the crypto nears $14,000 The selling pressure here has been quite significant and may continue slowing its ascent in the days and weeks ahead That being said, bears have been unable to spark any sustained selloff as of late, which is a positive sign that indicates upside may be imminent One trader is now noting that a break above the resistance that lies just above where Bitcoin is currently trading could put a bid to all-time highs on the table A rejection here, however, could spark a sharp selloff that sends it towards $13,200 Bitcoin and the aggregated crypto market have been struggling to gain any strong momentum as of late. Although Bitcoin’s mid-term trend is clearly in bulls’ favor, its inability to post any sustained…

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