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BTC finds support around 65,500 for now
Yesterday the drop back underneath 66k in Bitcoin delivered a move close to 65,500 ahead of the wider US market close. An attempt to hold a rebound back above 66k since then has failed a number of times during the Asian session today. The low seen a little earlier did briefly dip below 65,500 but it has lifted off that just now. The low seen was set at 65,480. The earlier high was set at 66,122. The current price action is in between those extremes and right now it looks in the balance, as to which way this will hop from here. The risk does look to the downside though and if the lead coin does fall further we have a notable support in place at 64,305 (100 day moving average). Bitcoin is currently trading at 65,755
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