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Yesterday afternoon, Bitcoin extended its rebound in what were extremely quiet wider markets, with the UK and US closed for public holidays. BTC managed to rebound though, from an earlier low around 68,250, to a high around 70,680. However, it has reversed that rise today and fallen back below the lows seen yesterday. The low seen a short while ago was set at 67,460 and it seems that stops underneath 68,250 was at least partly responsible for that low. The price action is not conclusive though and major technical support around 65k remains intact. Bitcoin is currently trading at 67,905
As covered here yesterday, Bitcoin managed to poke its head above the 200 day moving average, but it was certainly not a very dynamic move and it blew...
Gold closed in the US last night at $3,423.98 and that was of course a record daily close for the metal. The price action during the Asian session...
Such is the fallout in the dollar right now that the EUR/USD set its first daily close above 1.15 since November 2021. As reported here yesterday, the...
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