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Bitcoin Prices: BTCUSD Tests New Record High at 48373.00 But Struggles to Hold
Bitcoin prices touched off a new all-time high at 48373.00 a few minutes ago, but the price has been beaten back from this level as bulls seek to clear the previous ATH with a closing penetration. Bitcoin prices are seeing renewed interest as Uber, General Motors, Tesla and the oldest bank in the US BNY Mellon, have acquired, indicated buying interest or plan to adopt Bitcoin in some form. But as identified in my analysis yesterday, a selloff on the BTCUSD pair would only be achieved if a bearish outside day candle followed the evening star pattern. So far, this has not materialized, and Bitcoin prices have resumed ... (full story)
