TA: Bitcoin Corrects From Record High, Dips Remain Attractive
Bitcoin broke the $65,000 resistance and traded to a new all-time high against the US Dollar. BTC is correcting gains, but dips could remain attractive near $63,000. Bitcoin gained pace above the $65,000 and $65,500 resistance levels. The price is now trading above $63,000 and the 100 hourly simple moving average. There is a crucial bullish trend line forming with support near $63,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is correcting gains, but dips might remain limited below $62,000 in the near term. Bitcoin Price Remains In Uptrend Bitcoin price....
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