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Bitcoin (BTC) Price Watch: Breakout or Further Decline?

Bitcoin price started a downside correction after tagging the $8,300 resistance against the US Dollar.The price tested the $7,575-7,600 support area and recently rebounded towards $8,100.Yesterday’s highlighted important bullish trend line is intact with support near $7,810 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair

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