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Bitcoin threatens new session lows
Earlier today we ran an update which noted how Bitcoin had fallen back as low as 62,478. That was some hours back and since then it rebounded to 63,228. However, as we write the lead coin is falling again and very close to that earlier low. There is the prospect of an extension on the downside, if that prior session low gets taken out. That is never a given though and there is a possibility of BTC holding it too and hence setting a base in place for the day. It all looks in the balance right now. BTC is currently trading at 62,580
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