Bitcoin Rallies to $62,790, Avoids Death Cross as Market Eyes Continued Uptrend
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Bitcoin (BTC) prices reached an intraday high of $62,790 during the Friday morning Asian trading session. This surge added 9.5% to Bitcoin's value, signaling strong market performance.
The rally helped Bitcoin avoid a 'death cross,' which is a bearish technical indicator, suggesting that the market could see a continued uptrend.
Overall, this price action has renewed optimism among investors and traders, indicating potential positive movements in the cryptocurrency market.
Source: en.coinotag.com ↗
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