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Bitcoin remained under pressure all day on Friday, but as we had noted earlier in the day, it had held up quite well in the face of headwinds that surrounded it. Well, it could not hold its ground over the weekend. BTC took a hit on Saturday afternoon, trading as low as 79,184.
Interestingly, the fall on Saturday came as a couple of leading players said it would reach $100k again before it might trade back at $60k. Well, make of that what you will folks. Well, since that Saturday low point BTC has fallen back from a rebound towards 80,500 on Sunday and as high as 80,615 earlier today. It has since traded as low as 79,279 earlier this morning.
It is trying to rebound now though and has been above the 80k handle a little earlier. The high seen so far today, since that earlier low has been set at 80,185. BTC is right now at 79,905
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