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Bitcoin reclaims 36k in steady upside trading

Since my last update earlier this morning, Bitcoin has been in recovery mode. The lead cryptocurrency has been gradually moving higher and now it has lifted back above 36k. The price action has been steady and taken the price back to around 36,370. It remains to be seen if it can rise above 36,500. There is always the prospect of that mid-point level attracting sellers and so far the price has just stalled ahead of that level. A break below 35,800 from here on could reopen the downside a bit more if seen. Bitcoin is currently trading at 36,240
 

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