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Bitcoin backs off from another push above 64k
On Friday Bitcoin had a look above 64k. The price action that followed over the weekend saw it drop back to a low at 62,357 ahead of the weekend. For the most part that weekend price action was pretty sideways, between 62,500 and 63,500. The low seen much earlier today was set at 62,393 and since then it has risen sharply by more than $2000 at one stage. The high print was set at 64,723 and that high marks the best level for BTC since August 26. It also punched its way above the 200 day moving average again. That is in place right now at 63,856 and BTC has since dipped back below that important technical level. BTC is currently trading at 63,820
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