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Bitcoin pushing ever closer to technical resistance level
Since the last update here much earlier this morning, BTC has been grinding higher and it has now lifted above 98,900. Hence, it has taken one step closer to noted and potential resistance level at 99,062. That is the current price of the 50 day moving average and it has been capping the topside on BTC since February 7. The high seen so far today has been set at 98,923. Naturally, it remains to be seen, if that 99,062 level will be put to the test and if it is, whether or not it will continue to cap the topside ahead of 100k. BTC is right now at 98,865
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