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Bitcoin surges above $18K to cap 8-day winning streak

Bitcoin price to provide a buying opportunity before rallying to $20,500

Bitcoin (BTC $18,100) has clocked eight straight days of increasing prices and has surged back above $18,000 for the first time since mid-December.

The cryptocurrency hadn’t recorded such a prolonged winning streak since July 2021, at the height of the COVID-19 pandemic. 

Seven day Bitcoin price chart. Image: CoinMarketCap

Over the last seven days, the price of BTC has increased nearly 8%, with a 4.1% surge in the last 24 . . .

Written by Paul Hough