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Bitcoin Price Just Saw Technical Correction, Why BTC Could Rise Again

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Bitcoin price started a downside correction from $21,000 against the US Dollar. BTC is stable above $20,000 and might start a fresh increase. Bitcoin is holding gains above the $20,000 and $20,200 levels. The price is trading above $20,000 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $20,440 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another upward move if there is a clear move above the $20,500 resistance. Bitcoin Price Reaches Key Support Bitcoin price started a fresh increase above the $ ...

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