Two Veteran Traders See Bullish Signs With Bitcoin Rebounding to $8.5K By Cointelegraph

(BTC) bulls are attempting to start the weekend on the good foot by pushing the price to $8,500 and above.

In the past 24 hours, Bitcoin price bounced off the 200-day moving average (DMA) at $8,200 and, as suggested earlier, an oversold bounce on the shorter time frame provided traders with the opportunity to buy the dip and push the price to $8,500.

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