Bitcoin has broken through the resistance at $8,500 and is trading higher. In addition, a figure resembling a double bottom has formed, which is also in favor of growth. The short-term aim is to firmly gain a foothold above $8,500 and gradually push the price up to finally break through the resistance of the downward wedge. Currently, there are all prerequisites for it to happen as a high trading volume between $8,650 and $8,750.
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