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BTC approaching 60k again- will it hold at the next time of asking?

The dollar is making further headway right now. The USD/JPY has lifted further above the 145 handle and close to the 145.50 mark. That gain has pushed the EUR/USD lower towards the low point seen yesterday, at 1.1046. If you stand back and look at all the most recent data from the US, the prospect of a test of the 1.10 handle does seem appropriate at some point, especially when compared to all that we are currently seeing emerge out of Europe. At the same time US equity futures have reacted positively to the ADP data and trying to push back into positive territory. All this in turn is adding fresh pressure onto BTC and the lead coin is edging back towards European session lows just now. The risk of a drop below the previous interim low, at 60,178 set overnight looks entirely possible. If that level cracks, then it would be doubtful that 60k would hold on the second attempt. Perhaps soon we shall find out. BTC is currently trading at 60,830
 

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