BTC rebounded because short traders risk being caught in a crossfire | Christopher | Capital | June 2021

Bitcoin rebounds in the range

Before buyers stepped in to buy some cheap bitcoins, BTC/USD fell to $31,000. Due to the local low BTC rising by 18%, the current trading price is higher than 36,300 USD. The bulls have overcome a key price point, which should provide the impetus for a sustained rebound to the upper limit of the range.


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