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Wednesday, June 17, 2020

Bitcoin (BTC) Continues the Fight at 9,400 Level

BTC continues to sort itself out over the last two days after falling south of 9,000 and recovering to mid 9,500 levels only to stall once again.


The selling appears to move in every time that the crypto pushes toward 10,000. The current 20 day moving average is the 9,400 range. There remains accumulation support at the 8,900 level as proven just two days ago during the correction.



BTC/USD daily chart

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