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Bitcoin holds 64k and rebounds back above 65k
Yesterday Bitcoin seemingly could not react positively to all that surrounded it. That observation was made here at the time and eventually BTC did drop below the earlier Asian low, at 64,588. The breakdown there almost certainly did trip stops, as was expected here and noted earlier in the day. The fall below 64,588 extended to a later evening low at 64,042 just ahead of the wider US market close. However, once that breakdown level was recovered earlier today, BTC has extended its rebound to back above 65k once more. The high seen earlier today was set at 65,702. The earlier Asian low was set at 64,765. It is currently trading at 65,505
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