Preceding the Bitcoin price pump to over $19,800 was an influx of new capital and investors, data from GlassNode reveals. The Bitcoin Price Pump The Bitcoin price has since contracted to around $19,400 at the time of writing but price action favors bulls.  After last week’s decline–that saw prices slide to $16,555 before reversing to spot rates, the

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Source and More information: Bitcoin Price Rally to Over $19,800 Likely Because of “Smart Money”

Author: BTCManager.com