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7 Reasons To Be Bullish On Bitcoin This Week

  • Crypto analyst Patric H. outlines seven reasons why investors should be bullish about the Bitcoin price trajectory this week.
  • Mt. Gox has filed for a repayment deadline extension, removing the immediate market selling pressure.
  • China's economic stimulus and the launch of a licensed trading platform in the UAE create opportunities for Chinese investors to enter the crypto market.
  • Declining Bitcoin exchange reserves and surge in whale accumulation indicate potential supply shortage and higher prices.

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