Bitcoin Rallied 300% Last Time This Signal Appeared. It Just Happened Again

News BTC | Jun 5, 2020 at 2:00 AM
  • After rallying as high as $10,400 earlier this week, Bitcoin plunged by nearly $2,000 in 24 hours on BitMEX.
  • One trader shared that BTC’s price action is suggestive of a return to the $6,000s or $7,000s.
  • Bitcoin just saw a positive monthly momentum cross in response to the recent rally.