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Bitcoin Approaching Short-Term Support at $34K-$36K

Bitcoin (BTC) sellers remained energetic throughout Asia hours because the cryptocurrency slipped additional under $40,000 resistance. The following stage of help is seen round $34,000-$36,000, which may stabilize the pullback.

Bitcoin was buying and selling round $38,000 at press time and is down 2% over the previous 24 hours. The short-term uptrend is weakening, though patrons may return for a quick bounce at help.

Source: CoinDesk


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