Several speculated a fresh bull rally for Bitcoin [BTC] as its price gained upward momentum since the 3rd of May
Metrics and indicators suggested that BTC might turn volatile in the next seven days.However, the growth dropped as the king of cryptos’ price only moved marginally in the last 24 hours.For the uninitiated, BTC’s price plummeted under $61k on the 30th of April.
The tweet highlighted that BTC bounded up after touching a key trendline. Historically, whenever BTC’s price rebounded after touching the trendline, its price has risen sharply.
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