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Bitcoin breaks above double top and extends above 96,500
Bitcoin has now taken out the noted double top on the daily charts in place 95,800 and 95,860. The break above this level has extended towards 96,500 just now. The next potential resistance level from here on is the 50 day moving average. That is now turning lower and in place right now at 97,295. That could provide resistance but at this stage it is yet to be put to the test. The high seen so far has been set at 96,636. BTC is currently trading at 96,550
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