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Bitcoin Sees Buyers on Dips Again

From dailyforex.com

The latest dip was much less severe than the previous couple of dips, showing signs that BTC is ready to continue higher. So far, that’s been 100% true. Bitcoin initially fell during the trading session on Thursday, but it looks like the $95,000 level, an area that had been significant resistance previously, is going to hold as support. If that, in fact, is the case, this is a very good sign for Bitcoin as this market likes big figures and support and resistance levels at them. We had been consolidating for a while, for about 2 months, and now we're starting to turn things around in what I thought would be an ... (full story)

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  • Category: Technical Analysis