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Bitcoin: Shows Signs of Life
I am a buyer bitcoin right here, with a stop loss at the $65,500 level, and a target of $72,000. However, if you are longer term incline, waiting to see if we can break above the $73,000 level could work out in your favor if you can add to the position at that point. Bitcoin has initially fell during the trading session on Friday to test the crucial $67,000 level, an area that has previously been rather resistive. Because of this, the market ended up forming a bit of a hammer during the trading session, and it makes sense for me that the market could very well continue to see this range that we had been in as ... (full story)