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BTC/USD Signal: Stuck in a Range Ahead of Breakout to ATH

From dailyforex.com

Bitcoin price was stuck in a range, continuing a trend that has been going on in the past few days. The BTC/USD pair was trading at 108,170 on Tuesday, a few points below this month’s high of 110,1000. It remains much higher than the year-to-date low of 74,558. Bitcoin’s consolidation has mirrored that of the altcoin market, with most tokens remaining in a tight range in the past few days. Ethereum price was trading at $2,500, while the market capitalization of all tokens remained at $3.4 trillion. Bitcoin has remained in this range despite the ongoing accumulation by companies and investors. While MicroStrategy did ... (full story)

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  • Category: Technical Analysis