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Bitcoin still in between the tramlines
Yesterday Bitcoin did eventually push higher and lifted above 98k, which is something it had failed to do until the US markets got underway. The high seen was set around 98,350. However, the move was not sustained and BTC later fell back below 97k ahead of the European close. The low then was set around 96,890. The rebound from there since has seen BTC push past the high seen yesterday and reach 98,489 a short while ago. The Asian low today was set at 97,277. The 50 day moving average is in place this morning at 98,729 and that looks like the most immediate point of resistance right now. The 100 day moving average is still guarding the downside, as it was yesterday and that is in place this morning at 96,050. BTC is currently trading at 98,355
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