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Bitcoin nears key weekly close as analyst says 20% BTC price dip 'over'
Bitcoin held near $42,000 on Jan. 27 as late-week BTC price gains made traders confident about fresh upside.Data from Cointelegraph Markets Pro and TradingView showed classic cool weekend price action entering, with $41,800 as a focus. The day prior saw 5% upside, with Cointelegraph reporting on improving market conditions relative to past weeks. The same topics were on the radar — outflows from exchange-traded funds (ETFs), sell pressure from defunct exchanges FTX and Mt. Gox and the incoming block subsidy halving. In his latest YouTube update, Michaël van de Poppe, founder and CEO of MN Trading, nonetheless told ... (full story)