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Bitcoin rebound stalls close to double top again
Yesterday Bitcoin fell back to a low at 35,662 at the very start of the Asian session. The rebound that followed saw it later extend a move to above 36,500. The drive higher through 37k came late in the US session and ahead of the wider markets close, at 10pm GMT. Bitcoin rose to 37,764. Hence, it came very close to the important and many times repeated, double top at 37,972 and 37,973. So, once again it seems there is selling interest ahead of that level and it appears to be a tough nut to crack. Since stalling at 37,764, BTC has dropped back to a low at 37,260. It is currently trading at 37,335
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