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BTC indeterminate price action continues
Yesterday, as the dollar tanked and risk seemed pretty positive for US stocks, Bitcoin lifted once more and rose back above 60k. That move extended to above 61,500 ahead of the wider US market close. So, it pushed above that 50 day moving average once more. That is still falling and in place today, at 61,360. The high seen yesterday evening was set at 61,834, but it has not sustained the move today. BTC dropped back from an earlier session high at 61,517 to a spike low at 59,804. It has rebounded off that low now and is pushing higher once again as this update is concluded. BTC is currently trading at 60,950
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