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BTC/USD Appears Poised for Further Outperformance
It was another positive week for BTC/USD, which was up +1.9% as of London’s close on Friday despite finishing considerably off its best levels. Price movement on the weekly timeframe has been working between the limits of a potential bullish flag pattern since forming the all-time high of $73,845 in March. Even though the unit faded the upper edge of the aforementioned pattern last week, the daily timeframe suggests there is scope to navigate higher terrain. The Research Team recently communicated that BTC/USD bulls had made a comeback since forming a low of $56,478 and completed a daily inverted head and shoulders ... (full story)