Bitcoin is moving with conviction to the $60,000 area. At the time of writing, BTC’s price trades at $57,681 with a 4% profit in the weekly and daily charts. The general sentiment in the market remains bullish as Bitcoin has been able to shake off the bears over the past days. Traders and savvy investors have called BTC’s recent price action the beginning of the “Bitcoin Season”. Related Reading | TA: Bitcoin Starts Fresh Rally To $60K, What Could Fuel More Upsides During this period, BTC takes over the spotlight and rallies absorbing capital from other cryptocurrencies. As a consequence, the Bitcoin Dominance trends to the upside as it has since mid-September standing at a 44.65% of the entire crypto market. This metric stands far from its pre-crash levels but could continue to increase in the coming days suggesting more appreciation for Bitcoin. In a report QCP Capital emphasized the importance…

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