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Bitcoin price surged 5% over the week amid investors’ interest recovery and bullish events

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Bitcoin price surged 5% over the week amid investors' interest recovery and bullish events.

Bitcoin ETP launch in Europe , MicroStrategy BTC buying, Oklahoma state passing the Bitcoin Reserve bill, and other events catered to this surge.

Hash Ribbon indicator, which tracks the BTC ’s mining activity, is flashing a buy signal, which often results in massive uptrends.

The reappearance of a highly bullish and historically proven price pattern indicates the possibility of a 200% rally.