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Bitcoin price due sub-$20K dip, traders warn amid claim miners ‘capitulating’

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Bitcoin (BTC) climbed back to $20,500 at the Oct. 28 Wall Street open as United States equities sought a stronger finish to the week. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bets of $20,000 support fail increas Data from Cointelegraph Markets Pro and TradingView showed BTC/USD capitalizing on renewed optimism as markets began trading. The atmosphere was volatile after tech stocks suffered a major out-of-hours rout overnight, Bitcoin managing to avoid sustaining knock-on losses to the same extent. At the time of writing, the S&P 500 and Nasdaq Composite Index were both u ...

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