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Bitcoin extends advance closer to 27k as dollar reverses again

Over the past hour the dollar has slipped back. The US currency is a little lower across the board, but perhaps most notably versus the pound, which has once again reclaimed the 1.24 handle. This drop back in the dollar from earlier highs has helped Bitcoin it seems to make a further move higher. The lead coin has now pushed closer to 27k, reaching 26,970 a short while ago. It does still face potential resistance at 27k itself and also from the previously noted 50 day moving average (now at 27,238). Bitcoin is just now trading at 26,933

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