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BTC coin edges back below 48k

Since an earlier update here noted the further rise in Bitcoin had stalled (at 48,804) just short of the current 2021 high, at 49,021, the lead coin has been edging backwards. Following that update, a brief push to 48,385 has given way to another downside wave. That has since delivered a fresh session low at 47,718. It looks like it is trying to stabilise now, but it seems that some of the weekend steam has come out of this one for the time being. The nearest supports of any note would now reside at 47,593 and then at 46,896, from the low points reached on Saturday and Sunday. Bitcoin is currently trading at 47,890

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