Bitcoin Remains in Bull Territory While Polygon’s MATIC Awaits Breakout — CoinDesk

Bitcoin Remains in Bull Territory While Polygon’s MATIC Awaits Breakout — CoinDesk

Bitcoin has regained upside momentum following Thursday’s 2.5% drop, which saw the market nearly re-test the former resistance-turned-support near $53,000. The cryptocurrency was trading near $55,500, representing a 3% gain on the day, having printed a five-month high above $56,000 during the European hours.

Originally Posted on: https://www.coindesk.com/markets/2021/10/08/bitcoin-remains-in-bull-territory-while-polygons-matic-awaits-breakout/
By: Omkar Godbole

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