Cryptocurrencies

Bitcoin Finding a Bottom May Be the Sign Bulls Are Waiting For

  • Formation of buying divergence seen sending a postive signal
  • Biggest cryptocurrrency has been bouncing off $6,000 level
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Bitcoin could finally be hitting a bottom before heading higher.

The digital currency is lingering above both the price and trend lines and a buying divergence is forming, flashing a positive signal, according to pricing charts that analysts use to forecast future price moves.