Bitcoin Bull Market Has Resumed Says Tom Lee

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Bitcoin has largely held on to gains made over the weekend and remains almost 25% higher than it was trading late last week. A number of industry observers have been typically disparaging, calling it a manipulated pump and dump but as yet markets are holding steady. Bitcoin Predicted Pullback After any huge surge, there will be a pullback, price does not move in a straight line and these dips are expected. Charts by show that BTC made another move towards five figures yesterday but resistance was too strong there. BTC price hourly – BTC subsequently moved back into the mid-$9,000 range but a larger red candle a few hours ago dropped prices to $9,200. Bitcoin is currently trading just above this at 00. All losses this month have now been recovered and BTC appears to be back in bullish territory. Fundstrat’s Tom Lee pointed out that there have…

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