© Reuters. Bitcoin Successfully Bounces Back from the 150-day Moving AverageAs indicated earlier, despite being in the red for most of the last seven days, was likely to take support from the 150-day moving average, and that is what we witnessed today as the leading digital currency roughly surged from $8,400 to $8,900.
The Coronavirus outbreak affected markets around the world last month, as countries recognized it as a major threat, and Bitcoin, despite being considered digital…
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