Hot update on Bitcoin: market landscape is changing rapidly.
* Bitcoin broke through the upper band of 1H Channel, that is - the important short-term resistance of $8,500. * Bulls have taken the lead and now Bitcoin is heading towards $9,000. * Increased Volume confirm the validity of the break-out. It doesn't look like a false. * RSI has entered overbought territory on 1H meaning that the price can temporarily reverse to test $8,500.
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