Bitcoin Sees 200 Days of Gains; Here’s the Key Level It Must Keep Holding

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Bitcoin has been in a macro uptrend for the past 200 days, first beginning when the cryptocurrency plunged to lows of $3,800 in mid-March Ever since, it has been rallying higher, seeing multiple consolidation phases and even a few sharp selloffs Nonetheless, this trend has resulted in it rallying up to its post-2017 highs of $16,400 that were set yesterday evening The crypto is now consolidating just below these highs as bulls aim at leading it to see even further near-term upside One trader is noting that as long as the cryptocurrency remains above $11,000, it is in a macro bull trend Bitcoin has been seeing one of the strongest and most sustainable moves higher it has seen in ages, with the benchmark cryptocurrency surging as analysts eye further upside. This strength isn’t showing any signs of wavering, as buyers have aggressively absorbed each dip. While sharing his thoughts on…

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