Bitcoin price makes the final approach to a new yearly high as investors anticipate another rally

Bitcoin bounced off support at $17,500 and lifted towards $20,000 but hit a snag at $19,438. On-chain metrics suggest that Bitcoin is ready for gains above $20,000 while its downside is well protected. Bitcoin recently tested support at $17,500, almost hitting the target as we had predicted. The freefall appears to have allowed more investors The post Bitcoin price makes the final approach to a new yearly high as investors anticipate another rally appeared first on Coingape.