Bitcoin’s price reversed Wednesday’s losses on Thursday. Traders and analysts, however, have largely kept a short-term bearish view because some are attributing gains in bitcoin and other cryptocurrencies to GameStop’s stock drama.

Bitcoin (BTC) trading around $32,607.78 as of 21:00 UTC (4 p.m. ET). Gaining 3.17% over the previous 24 hours.Bitcoin’s 24-hour range: $29,921.96-$32,934.56 (CoinDesk 20).BTC above its 10-hour and 50-hour averages on the hourly chart, a bullish signal for…

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