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Bitcoin Price Corrects Some Gains: A Pause Before the Next Move?

Bitcoin Price Corrects Some Gains: A Pause Before the Next Move?

Bitcoin price extended gains above the $69,200 resistance zone. BTC is now correcting gains and trading near the $67,500 pivot level. Bitcoin struggled to test

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The Staff
Oct 22, 2024
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The INFORMER
The INFORMER
Bitcoin Price Corrects Some Gains: A Pause Before the Next Move?
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Bitcoin price extended gains above the $69,200 resistance zone. BTC is now correcting gains and trading near the $67,500 pivot level.

  • Bitcoin struggled to test the $70,000 resistance zone and corrected some gains.

  • The price is trading below $68,500 and the 100 hourly Simple moving average.

  • There was a break below key contracting triangle with support at $6…

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