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Bitcoin Stalls at Resistance; Minor Support Nearby

Bitcoin (BTC) pulled again after approaching preliminary resistance at $32,000. Quick-term momentum is bettering, which may preserve patrons energetic above the $30,000 help stage as bullish sentiment returns.

Consumers have persistently taken income alongside the intermediate-term downtrend outlined by a sequence of cheaper price highs on the charts. There’s robust resistance at round $32,000-$34,000, which may restrict upside worth strikes.  

Bitcoin was buying and selling at round $31,700 at press time and is roughly flat over the previous week.

Source: CoinDesk

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