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Bitcoin Price Aims Key Upside Break As Dips Turn Attractive
Bitcoin price remained supported above the $64,000 resistance zone. BTC climbed higher above the $66,500 and $66,000 resistance levels. However, the bears were active near the $67,500 and $68,000 levels. A high was formed near $67,614 and the price is now consolidating gains. It is trading near the 23.6% Fib retracement level of the upward move from the $62,614 swing low to the $67,614 high. Bitcoin is now trading above $65,000 and the 100 hourly Simple moving average. There is also a key bullish trend line forming with support at $65,900 on the hourly chart of the BTC/USD pair. Immediate resistance is near the ... (full story)