BTC has gained 8% since the death cross appeared on the daily chart on Sept. 11. The rally comes as traders see the Fed holding rates steady through the rest of the year.
Bitcoin advanced Monday as U.S. rates traders penciled in greater odds of the Federal Reserve keeping borrowing costs unchanged later this week and through the rest of the year.
The leading cryptocurrency by market value jumped to $27,220, the highest since Aug. 31, having climbed almost 8% since the ominous-sounding death cross pattern appeared on its daily price chart a week ago. The advance since that bearish crossover of
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