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BTC/USD: Upside Price Action Sustained As Month Concludes

From dailyforex.com

The month of April started with BTC/USD around the $67,900.00 price and as of the this writing the digital asset is around $76,980.00. The ability to sustain upwards momentum the past few weeks has been rather encouraging for Bitcoin, particularly because it has found itself testing lower depths which many believed could lead to detrimental outcomes if they triggered forced selling. However, in the midst of what has been an anxious time in global assets, and a lack of clarity regarding the mid-term is being openly discussed because of the ongoing Iranian war, BTC/USD has climbed higher. As of this Monday Bitcoin ... (full story)

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  • Category: Technical Analysis