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4 alarming charts for Bitcoin bulls as $27K becomes formidable hurdle

Bitcoin (BTC) has rallied nearly 60% to around $27,000 in 2023 amid anticipations that the Federal Reserve would pause its quantitative tightening amid the U.S. banking crisis. Still, BTC price has failed to move beyond $30,000 decisively.Buying exhaustion at this key psychological level led to a price correction toward $25,000 over the

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Bitcoin Price Recovery Faces Hurdle, Why 100 SMA Presents Resistance

Bitcoin found support near $20,750 against the US Dollar. BTC is correcting gains, but it is facing resistance near $21,500 and the 100 hourly SMA. Bitcoin found support near the $20,750 after a strong decline. The price is now trading below the $21,500 level and the 100 hourly simple moving average. There was

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