A crucial month for GBTC market impact is set to begin, with BTC price action still “doing everything right” to protect support. Bitcoin initiates a new week in a somewhat similar area with the crucial support back, but bulls still haven’t achieved their breakout. A crucial month for GBTC market impact is set to begin, with BTC price action still “doing everything right” to protect support. Bitcoin initiates a new week in a somewhat similar area with the crucial support back, but bulls still haven’t achieved their breakout. Is it possible for this to change in the near future? After claiming back $33,000 on Friday, BTC/USD has tried to grab on to the trading corridor as it had been in before last week’s brief volatility. This had a dip to $32,000 on the back of an unexpected short positions accumulating on exchange Bitifinex. The impact which was witnessed was only temporary, nevertheless, the weekend witnessed highs of $34,600 on Bitstamp. Cointelegraph introduces facto
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