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CoinGape 2021-02-23 04:22:32

Bitcoin Price Prediction: BTC correction far from over amid weakening technical levels

Bitcoin is facing increasing resistance under the 50 SMA on the 4-hour chart. Technical levels are flipping bearish as Bitcoin fights to sustain the position above $52,000. BTC/USD will resume the uptrend toward $60,000 if the ascending channel’s middle support is reclaimed. Bitcoin is holding slightly above $52,000 on Tuesday towards the end of the The post Bitcoin Price Prediction: BTC correction far from over amid weakening technical levels appeared first on Coingape.

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