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Bitcoin May Rise Toward $8800, Short-Term Cross Indicates

Bitcoin May Rise toward $8,800, Short-Term Cross Indicates – CoinDesk

Bitcoin is looking north, with the hourly chart reporting a golden cross. Key resistance at $8,820 could be put to test over the next few days. On the downside. $7,800 is the level to beat for the bears. A widely tracked short-term bitcoin price indicator has turned bullish, strengthening the case for a test of key resistance above $8,800.