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Yesterday the move higher in Bitcoin extended further after the European close and that saw the lead coin not only reclaim levels above 70k ahead of that close, but then extend into the wider US close. BTC reached a high at 71,187. That was its best level since March 15. BTC had reached a record high prior to that, on March 14 at 73,797. That was before the correction lower had subsequently sent it down to a low at 60,790 on March 20. As covered at the time, that correction almost reached an ideal Fibonacci level. However, it appears to have now concluded that contra-trend move and right now the sights seem set on that March 14 high. That is not to say it will get there, or even surpass it. However, we should also remember; that the April halving event is on our doorstep now. The range seen so far today has been covered by 69,592 to 70,965. Bitcoin is currently trading at 70,475
The Pound performed pretty well yesterday and continued to press higher from an earlier session low at 1.3203, seen just as the European markets...
Yesterday afternoon the dollar hit session lows leading into the final 4pm London fix of the week and that saw the USD/JPY fall back to 141.90. One...
Pretty much all this week BTC has just not been at the races, indeed that was an observation made the week before and it was the same then too. So...
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