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Zenger
Zenger
Shivdeep Dhaliwal

Traders Become Bullish On Bitcoin After Recent Sell-Off

Bitcoin Crypto Edward Moya Ethereum Glassnode Mining
BANGKOK, THAILAND - MAY 14: A poster with the Bitcoin logo is on display at the Thailand Crypto Expo on May 14, 2022 in Bangkok, Thailand. Cryptocurrency Enthusiasts attend Thailand Crypto Expo 2022, the largest cryptocurrency exposition in Southeast Asia, at the Bangkok International Trade and Exhibition Center. Visitors learn about blockchain projects, exchanges, mining, NFT production, and gamefi technology. The exposition comes during a global market crash. (Photo by Lauren DeCicca/Getty Images)

Investors are turning bullish on Bitcoin and Ethereum again as crypto markets flat-line after a recent sell-off.

Monday, Bitcoin and Ethereum ended slightly in the red. While Bitcoin still showed some resistance at the psychologically-important $20,000-mark, according to Edward Moya, a senior market analyst with OANDA. 

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