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Bitcoin lifts above 61k in Asian trade
Bitcoin had a couple of looks below the 60k level yesterday and rebounded each time. That rebound has delivered a recovery back above 61k in Asian trading today. The high seen so far has not long ago been set at 61,266. That means it has recovered back above both its 50 and 100 day moving averages (in place right now at 60,500 and 61,030 respectively), but remains camped south of the 200 day. That is in place this morning at 63,519. As to where BTC ends by the weekend is far from certain and much could depend on risk appetite of the wider market close this evening. The low seen earlier today was set at 60,461. BTC is currently trading at 61,185
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