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Bitcoin reclaims 27k

Over the course of the past couple of hours Bitcoin has rebounded again and recaptured the 27k handle once more. The move higher has actually accelerated in more recent trading, taking the lead coin to as high as 27,165 so far. That means it is close to also rising back above its 50 day moving average again. That is in place right now at 27,194, so it is still capping the topside for the time being. Bitcoin is currently trading at 27,159
 

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