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Why the Bitcoin Price Could Be Set to Explode Higher

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Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin has dropped by 2% over the past 24 hours. At the time of writing, Bitcoin was trading at $20,156. Bitcoin made a notable bullish rally over the past 24 hours, but the momentum seems to be weakening over the past few days. Nevertheless, some factors could see Bitcoin exploding higher in the coming months. Bitcoin price set to explode higher Bitcoin has traded between $20,095 and $20,718 during the past 24 hours, showing that the coin is experiencing high volatility. During the past 24 hours, the bullish trend across the cryptocurrency market has faded, but the metric remains above $1 trillion. Bitcoin’s trading volumes during the past 24 hours stand at $39 billion, which is a healthy volume, as it shows that the token is still attracting much attention from traders. On the other hand, sellers seem to be taking control of the market, showing that the massive volumes could be coming from the sell...