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Bitcoin ‘overconfidence reigns’ but bulls must reclaim $27.8K — Trader

Bitcoin (BTC) needs to reclaim one key moving average to “regain its bullish status,” one popular analyst argues.In analysis issued to subscribers on Aug. 22, CryptoCon warned that bulls remained too optimistic over $26,000 BTC price support holding.20-week EMA as BTC price line in the sandBitcoin staged a modest recovery

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