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As Bitcoin Teases 100-Day Average, Prominent Traders Say Latest Crypto Bounce Looks More Constructive Than August

The latest bounce could have legs as the market seems to have moved past the summer gloom and doom and miners have slowed coin sales amid positive macro developments.

Bitcoin probes key resistance amid positive macro developments and a slowdown in miner selling. (TradingView)
Bitcoin probes key resistance amid positive macro developments and a slowdown in miner selling. (TradingView)