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BTC/USD: Ascending Triangle Points to a Rebound

From dailyforex.com

Bitcoin price was largely unchanged at a crucial resistance level as traders reflected on the recent market events, including the rising ETF inflows and market manipulation in the industry. The BTC/USD pair was trading at 75,720 on Tuesday, up by 26% from its lowest level this year. The BTC/USD pair moved sideways at an important resistance level as traders waited for the upcoming ceasefire deadline between the United States and Iran. In a statement on Monday, President Donald Trump pushed the Iranians to reach an agreement and hinted that he will not extend the deadline. The crypto market would welcome the end to ... (full story)

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  • Category: Technical Analysis