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BTC Bulls to Retarget $31,500 on US CPI Report and ETF-News
On Tuesday, bitcoin (BTC) rose by 0.81%. Following a 0.59% gain on Monday, BTC ended the day at $30,714. However, BTC fell short of the $31,000 handle for the fourth time in five sessions. Bitcoin (BTC) Price Action: This morning, BTC was down 0.36% to $30,602. A mixed start to the day saw BTC rise to an early high of $30,722 before falling into the red. Daily Chart: The Daily Chart showed BTC/USD test resistance at the lower level of the $30,750 – $31,250 resistance band for the second consecutive day before falling back. However, BTC/USD remained above the 50-day ($29,051) and 200-day ($26,432) EMAs, signaling ... (full story)