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Bitcoin has a look below 60k

A short while ago the move lower in Bitcoin extended to below 60,000. That is the first time BTC has been back below that price point since June 24. The low seen a few minutes ago was set around 59,585. It has bounced from there now, but not yet in any kind of meaningful way. The reader is also once again reminded of the proximity of the 200 day moving average, noted here earlier this morning. That is in place at 58,327. Bitcoin is currently trading at 60,290
 

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