Bitcoin’s Recent Price Action Marks a “Dream Scenario” for Bulls; Here’s Why

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Bitcoin’s bout of consolidation appears to be drawing to a close, with the benchmark crypto now gaining some serious momentum Bulls finally broke the long-held trading range that the crypto had previously been stuck within, which is providing BTC with immense strength The crypto’s rally is allowing it to regain some dominance over the aggregated market, with Ethereum and many altcoins all dropping slightly against their BTC trading pairs One trader is noting that this ongoing push higher could be the result of Bitcoin posting what he is describing as a “dream scenario” bottom This could mean that the ongoing push higher marks more than a short-term rally, as it could mark the start of its next major uptrend Bitcoin and the entire cryptocurrency market have been caught within the throes of an immense bout of volatility as of late. Just last week, the entire market saw an immense selloff…

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