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Bitcoin lifts towards 64k

It has been a tough couple of days for Bitcoin and its holders, but right now this afternoon it is on the rebound and that recovery is taking it closer to the 64k handle again. That means it is now more than $4000 above the lows seen late yesterday evening, when it fell to 59,687. The high seen this afternoon has been set at 63,885 and it is not far off that high just now. There appears to still be resistance in place ahead of 65k, but the price action seems to indicate the potential for further immediate gains ahead of the eagerly anticipated Halving event scheduled for tomorrow. What is also interesting; is that BTC appears to be tracking the Dow Jones higher again and defying the slightly firmer dollar and higher US yields. Bitcoin is currently trading at 63,570 
 

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