Bitcoin's $6k Stronghold Increases Odds of Rally

Could it be that the bears in the bitcoin market are exhausted?

BTC fell to $5,755 at 15:00 UTC on Sunday. This represented the lowest level since Nov. 12, only to make a quick recovery to over $6,000 an hour later, according to Bitfinex data.

A relief rally may be in the offing, but that depends on whether prices close today (as per UTC) on a positive note.

Reference Original Article:
https://finance.yahoo.com/news/bitcoins-defense-6k-raises-odds-100034014.html