In the calm before the storm, Bitwise suggests Bitcoin could be looking at territory well north of the previous $20,000.
A mixed bag of metrics and influences is testing Bitcoin’s resolve this week, with trajectory undecided as $9,000 wavers.
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Bitcoin is still outperforming the top traditional financial assets so far in 2020 – even after a dour performance this month.
On Monday, Bitcoin rallied to a near two-week high at $9,788. However, the price could not maintain the gains and reversed.
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