Bitcoin Rises as Central Banks Maintain Low Rates

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For now, charts recommend additional upside in bitcoin if a breakout above $66,000 is confirmed this week. “Bitcoin has ample room to rise on the technical analysis side, as the bulls have built-up strength during the first cryptocurrency’s month-long consolidation,” Alex Kuptsikevich, a market analyst at FxPro, wrote in an e-mail to CoinDesk.