Bitcoin Price Analysis – Interim top is likely

Bitcoin has exploded through the previous all time high of US$8300 over the past week, breaching US$9000 in only 9 days. The market cap now stands at US$161 billion, with over US$4.2 billion traded in the last 24 hours. The heavy buying occurs in the setting of a few key events and metrics; mainstream adoption, institutional investment, and continued fork dividends/airdrops.

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