Bitcoin price LIVE: BTC return slows as price rebound is described as a 'Dead Cat Bounce'

BITCOIN’s price rise fell flat last night after hitting a high of $8,616.81. The current price has gained a very tidy 41 percent increase – $3,400 – from its Tuesday low but the northernly trajectory has flattened leading to fears that it wasn’t a recovery but rather a temporary rebound from a prolonged decline.

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