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This time BTC stalls ahead of technical resistance level

Earlier this morning Bitcoin pushed above 61k again and rose close to a noted technical level- the 50 day moving average, which was in place then at 61,408. Well, on this occasion BTC did not get past that level, topping out at 61,350 and it has since dropped back to a low just now at around 61,750. That 50 day moving average has consequently turned ever so slightly lower again and it is in place right now at 61,405. Bitcoin is currently trading at 60,790

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