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Bitcoin’s explosive gains are strongly reflected by the number of days it has closed above $16,320.
The embattled spin-off of Bitcoin shows little signs of life prior to its hard fork as Bitcoin vastly outstrips its performance.
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link!
Bitcoin is facing selling at the $14,000 mark and this has resulted in several cryptocurrencies dropping below their support levels.
News of PayPal’s support for crypto assets has triggered a rally in the markets, with Bitcoin trading above $13,000 for the first time since July.
The long-awaited “flippening” of fiat at PayPal will begin next year, as Bitcoin price action offers almost 5% daily gains.
Traders are accumulating Bitcoin on dips and a break above $11,600 could resume the uptrend to $12,000.
Bitcoin and most major altcoins are sustaining above their immediate support levels, increasing the possibility that the uptrend will resume.
Bitcoin’s strength above the $11,500 multi-year resistance is also pulling many altcoin prices higher.