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Tag: bitcoin chart

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The price of bitcoin surges and reaches the key SMA resistance level

Key Points: The price of bitcoin dropped below the $30,500 support level and spiked below the $30,000 support area. Price is gradually rising, but it faces resistance near $30,500 and the 100-hour SMA. Next significant obstruction close $32,000 level with potential for gains toward $32,500 and $33,200 opposition zones. Bitcoin price experienced a downside correction…
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The price of Bitcoin must conclude February above the 50-month trend line

The backdrop for the month’s end is a pivotal Bitcoin conflict, with a warning that the price movement “doesn’t feel bullish.” BTC (bitcoin) a crucial trend line as the monthly closing finally happened on February 28.   Bitcoin “doesn’t feel bullish” into February close an an an a the a the the the ing at-leproet-roboat…
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